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 almost 4 years ago,

User Stats

16
Posts
4
Votes
Diego Maramba
  • Rental Property Investor
  • Silver Spring, MD
4
Votes |
16
Posts

Convention Loan Seasoning Period Prior to Cash Out Refinance

Diego Maramba
  • Rental Property Investor
  • Silver Spring, MD
Posted

I am planning to use conventional financing with 20% down to purchase my first rental property. Plan is to allocate 1-3 months for rehab, rent, then refinance. Standard BRRRR. Assuming I did my research/math right and ARV gives me appropriate amount of equity to pull out most/all of my cash, will lenders allow me to refinance in less than 6 months so I can use the cash as down payment for next property?


Open to suggestions with entire plan above as I am “unconsciously incompetent” at the moment and excited about moving to the next quadrant. Thanks! 😁

Loading replies...