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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago on . Most recent reply

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163
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Steven Barr
  • Atlanta, GA
57
Votes |
163
Posts

Cash out refinance - no seasoning

Steven Barr
  • Atlanta, GA
Posted

Hey guys!

Where should I be looking to find a cash out refinance lender that does NOT have a seasoning period?

I am doing BRRRRs and most lenders seem to have these periods of seasoning from 6-12 months.

Thanks BP!

Most Popular Reply

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256
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Replied

You need to look at Portfolio Banks. These are small local/regional banks that are keeping the mortgage notes in their books and they do not sell it on the secondary market.

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