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Updated over 3 years ago,
Seasoning periods and commercial loans on residential property
I’m currently in the process of brrring a duplex . It’s the first I’ve done where I’ve actually purchased in cash and plan to cash out refi. However, I have already identified multiple
properties to buy after this and don’t want to wait the 6 month seasoning period to get my cash out. (6 months is federally mandated.) Any creative ideas to circumvent 6 months seasoning for residential financing? If not, what’s the feeling on using a commercial loan for residential properties at a 5, 7, 10 year interest reprice.