Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Refi after listing for sale?
Hi BP! I am asking this question for a friend that needs help. He bought a property in florida and spent a year rehabbing it on the weekends. He listed it for sale but then decided a few weeks later to refi and rent it out. He found tenants that are moving in October 1. Now he called this lender that in the past told him if he listed for sale then decided to refi, that he had to wait 3 months. Now the lender says he has to wait 12 months! Has anyone gone through this issue before? Any lender recommendations that don’t require such a long wait to refi? Thanks in advance!!