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Updated over 6 years ago on . Most recent reply

Just closed my first investment property!
Bought my first investment property from a bank 3 bed 2 bath, know the hard work start needs a full renovation and I’m adding a bedroom then find a renter and look for my next property.
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I bought this with a hard money loan and I'm planning on doing a BRRRR but when I spoke to my loan officer he said I need to have it for 6 months before I can do a cashout refi. Does anyone have any tips or ways around the wait time?