Refinance through a Llc

[Freddy Alban]

Hello BP,

I need to refinance a rental property that I purchased through my LLC. I reached out to CU's and local banks about refinance, but they mentioned I need 12 months season period before I can cash out refinance.

I would be paying interest only to my HML for these 12 months if that's the case. This rental would still cash flow after making this payments and expenses.

Is it "normal" to have the HML debt for 12 months?

Id like to hear your feedback! Thank you!!