Soonest you’ve refinanced a BRRRR?

[Trevor Cox]

My goal is to obtain financial freedom through rental properties and has been for a long time. I don't love the idea of flipping, but I know it can help build capital quicker. I have an investor that is willing to fund a flip for me. I would really like to do the BRRRR strategy and pay them back with my refinance, but from what I've seen you can't refinance until 6 months to a year. My investor is more interested in a flip to get their money back within 2-4 months (assuming all goes well and the property sells within a reasonable time).

My question to you guys: what’s the soonest you’ve been able to refi? I’ve heard some people say they were able to get sooner than 6 months.

[Jerry Padilla]

@Trevor Cox

Are you looking to cash out refinance or just refinance an existing lien? 
As long as the lien against the property is recorded, there are no seasoning requirements for a refinance, with no cash back.

If you are looking to get cash back....

And you initially obtained financing, you have to wait 6 months for conventional. You can start the process prior to 6 months, but have to wait until that Mark to pull the cash out.