Portfolio Lender for 100% equity refinance

[Edouard Pierre]

Hi BP-ers!

I'm looking for a lender to refi two properties in Chicago. Both are 100% owned and were paid with cash less than 8months ago. First is a 2-flat (duplex for some) that's fully rented and cash flowing very well. The other is a 7-unit building undergoing some rehab and will be done in 1-2 months. This will cash flow very well once fully rehabbed and without vacancies (easy to rent in the area).

The most important quality in a lender is being able to refi without any seasoning of the purchase - meaning not having to wait 2-3yrs to be able to pull out the current appraised value of the property since I bought them both well below market value. I have know of some lenders but they keep telling me that I have to season the buildings since the purchase happened less than a year ago.

Thank you!