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Massachusetts Real Estate Q&A Discussion Forum
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Updated about 3 years ago on . Most recent reply

User Stats

50
Posts
30
Votes
Zachary Gray
  • Rental Property Investor
  • Worcester, MA
30
Votes |
50
Posts

Cash out refinance before 6 months

Zachary Gray
  • Rental Property Investor
  • Worcester, MA
Posted

Purchased an owner occupier multi family 3 months ago. Currently have 30% equity in the property based off of estimated value. Looking to cash out refi 20% so that I'll be operating with a 90/10 LTV. Can I perform this prior to 6 months of ownership. Appreciate and all recommendations/ help.

Most Popular Reply

User Stats

27
Posts
15
Votes
David Menapace
  • Real Estate Agent
  • Boston, MA
15
Votes |
27
Posts
David Menapace
  • Real Estate Agent
  • Boston, MA
Replied

Hey Zachary, the lender that I like to use is Allison Capital.  They require 3 months.

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