Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago, 10/28/2020

Account Closed
  • New to Real Estate
2
Votes |
3
Posts

Lenders That Allow Refinancing Under 6 Months

Account Closed
  • New to Real Estate
Posted

Hi Bigger Pockets Community,

I'm a first time real estate investor looking to go in on my first BRRRR deal within the next few months. I'm starting to reach out to lenders and am having trouble finding one that will let me refinance a loan before 6 months. Is it possible to find a lender that will allow someone to take out a mortgage, renovate the home, then refinance the loan after you finish the renovation under 6 months?

Or is the only way to do a BRRRR by using hard money for the purchase, then getting a loan on the house once it has already been renovated for the new appraisal price?

Any help or suggestions are welcome! 

Loading replies...