Is there a "seasoning period"?

There is a 6 month seasoning period after the initial purchase to do a cash out on the increased value post rehab. 

Hello BP Community,As I have been researching developing markets lately, I have taken the time to immerse myself within my community that I live in to learn more about my immediate market.

After adding value via rehab then it is easy to refinance either with a Fannie/Freddie loan (some need seasoning) or with a blanket loan solution.  

I think you would be wise to locate a well versed fannie mae direct lender and talk through the logistics of who is on title and how the title of your side gets transferred to avoid any seasoning on the refinance.  

I get the picture now.. your getting interest from developers that want to subdivide the units.. and there probably is big upside. 

Paying out mortgage is not that easy, we are considering in selling our home to buy a smaller one, but this area in under development, so I know our house will appraise more in the next few years.

I had a applicant like that who started demanding repainting the kitchen because they didn’t like the color, demanded I lower my security deposit as they felt it was unnecessarily high and wanted a bit lower rent because it was off season. 

@Freddie Williams Definitely possibleTime frame depends on how fast you work and how much seasoning your lender requires for refinance.Are you looking at 5+ units?

Get the work done, list it a few more weeks closer to the warm buying season, list it for a few grand more than you anticipated and see what bites