How soon after a fix and flip can I cash-out refinance with DSCR?

Most DSCR programs require 6 months of title seasoning before a cash-out refi will fund. Delayed financing programs allow earlier with capped LTV.

Standard DSCR cash-out refinance requires 6 months of title seasoning - meaning you must have owned the property for at least 6 months before the cash-out refi will fund. Some lenders require 12 months. The delay exists to satisfy the new loan's appraisal - lenders need time to verify the post-rehab value via comparable sales rather than just trusting your purchase price. "Delayed financing" exemption: for borrowers who paid all-cash, some programs allow cash-out refi within 6 months but cap the loan amount at the original purchase price (you cannot extract appreciation gains until past the 6-month seasoning). For BRRRR investors using fix-to-rent programs, the takeout DSCR loan is pre-approved at the time of the original hard money close - no separate seasoning needed because the takeout was underwritten upfront. Outside of fix-to-rent, plan on 6-12 months from purchase to cash-out refinance, with the property rented and stabilized for at least 60 days before refinancing.