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!