Looking to refinance in 6 months on a recent duplex

[Keegan Uderitz]

Hello BP!

Recently went under contract on my first property! It is a duplex in Racine WI. I made the purchase with a hard money lender who will help me with the rehab costs and I want to refinance and pull all my money out in 6 months (thats the goal anyway). I was wondering if anyone know what LTV to expect? I have heard 70% and I have heard 80%, this will be the difference between me walking away with no money left in deal or not. Obviously it still depends on the appraisal and if my rehab budget is accurate, but it would help to know what LTV to aim for as I might be able to boost up the rehab a bit more if the requirement is 80%.

Thank you so much for your answers! Looking forward to closing later this month!'

Also, happy to take any referrals for lenders who can get me 80-80+% LTV

Be great!