Investment property · hard-money refinance
Plan your exit from hard money before the clock runs out.
Hard-money and bridge loans are built to be short-term. The refinance into longer-term financing is where many deals succeed or stall. Alexandro — an investor himself — helps you plan that exit around your timeline.
About a minute. No credit check. No obligation.
Maturity date coming up?
The earlier the conversation starts, the more options you typically have. Share your timing on the inquiry form and Alexandro will plan around it.
The refinance plan
Five things to line up
Every lender is different, but these are the pieces that usually decide how smooth the refinance is.
- 01
Know your deadline
Your maturity date, any extension terms, and any prepayment rules on the current loan.
- 02
Finish the work
Lenders generally want the renovation complete and the property in rentable condition.
- 03
Document the rent
A signed lease, or a realistic market-rent estimate, depending on the program.
- 04
Line up the numbers
Value, payoff amount, reserves and the property’s monthly expenses.
- 05
Choose the long-term loan
Compare DSCR and conventional options, and whether cash-out makes sense.
What usually replaces hard money
Longer-term options worth comparing
The right fit depends on the property’s income, your documentation and whether you want cash out.
- DSCR loans — based on the property’s rent relative to its expenses. How DSCR works
- Conventional investment property loans — based on documented personal income.
- Cash-out refinance — sometimes possible, depending on value, seasoning and lender rules.
- Portfolio options — some lenders can finance several properties together.
Seasoning requirements, valuation rules, cash-out availability and timelines vary by lender and program. Nothing here guarantees that a refinance will be approved or will close before your current loan matures.
Loan programs, terms, availability, and eligibility vary by state, lender, property, and borrower profile. Not every program is available in every state. Licensing information.
FAQ
Hard-money refinance questions
Straight answers in plain English. For anything specific to you, Alexandro can walk through it.
When should I start planning the refinance?
Ideally before you close on the hard-money loan — and no later than a few months before it matures. Appraisals, rent documentation and lender review all take time, and extensions on short-term loans can be expensive.
What is “seasoning” and why does it matter?
Seasoning is how long you’ve owned the property or held the current loan. Some lenders have minimum seasoning periods before they’ll refinance or before they’ll use the new appraised value instead of your purchase price. These rules vary by lender and program.
Can I take cash out when I refinance out of hard money?
Sometimes. It depends on the property’s value, how long you’ve owned it, the program and the lender. Alexandro can help you understand what’s realistic before you count on it.
What kind of loan replaces hard money?
Common options include DSCR loans (based on rental income) and conventional investment property loans (based on documented income). Which may fit depends on the property, your income documentation and your plans.
Other ways Alexandro can help
- HELOC & home equityAccess equity while keeping your first mortgage.
- Cash-out & rate-and-term refinanceSee whether refinancing actually helps.
- DSCR & rental property loansFinancing based on the property’s rental income.
- Purchase & preapprovalGet ready to make a strong offer.
- Self-employed & nontraditional incomeWhen your income doesn’t fit a W-2 box.
Share your maturity date and timing.
A short inquiry is enough to start. Alexandro will follow up to review your property and the refinance options that may fit.