Understanding the Refinance Waiting Period: Insights Wanted

[Ben David]

Hello everyone,

My name is Ben and I'm fairly new to the real estate investment scene. I'm looking to understand the rationale behind the standard waiting period before a refinance can be issued by lenders or banks. Typically, this waiting period seems to be > 6 months.

Is there a specific reason for this timeline from the banks'/lenders' standpoint? Also, from an investor's perspective, is there a way to work around or eliminate this waiting period?

I'm keen on understanding this better from both sides of the fence. Your insights would be greatly appreciated!

Thank you!

[Robin Simon]

Quote from @Ben David:

Hello everyone,

My name is Ben and I'm fairly new to the real estate investment scene. I'm looking to understand the rationale behind the standard waiting period before a refinance can be issued by lenders or banks. Typically, this waiting period seems to be > 6 months.

Is there a specific reason for this timeline from the banks'/lenders' standpoint? Also, from an investor's perspective, is there a way to work around or eliminate this waiting period?

I'm keen on understanding this better from both sides of the fence. Your insights would be greatly appreciated!

Thank you!

 Hi Ben - I'd recommend checking out this article we published on BiggerPockets a short time ago - it goes over this very question and the different options in detail!  I'd be happy to discuss or help answer any questions as well!

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...