cash out refinance on inherited property

There is a waiting period to do cash out. It all depends on when you actually took title to the home. The shortest time frame that I am aware of is 6 months. This means you need to be on title for 6 months before applying for the cash out loan. Joe Shamie 877-662-3321 x102

Hi:There are a few portfolio lenders that will entertain this. What state are you in.Don Maherwww.donmaher.com

do you currently live in that property? what type of property is it?

also, are you on the title? and what was the exact date of inheritence?

HelloThe waiting period depends upon several things. Since this is an inherited property, if you lived in it or are occupying it now as your primary residence, you should be able to cash out up to 70% of appraised value with little trouble.If this is not your primary residence, you will probably have to wait 6-12 months minimum.Hope this helps.Patrick McCarthyNorthpointe Bank866-901-3576

I'd like to do the same thing. If i move into the inherited property, could i then claim it as a primary and refinance immediately??