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Refinancing out of hard money? Time your cash-out.

The BRRRR Trapped-Equity + Seasoning calculator shows your earliest legitimate cash-out date by path — delayed financing, no-seasoning, 3-month wholesale, or the standard six months — all measured from the recording date, the subtlety most people get wrong.

BRRRR calculatorTrapped equity · seasoning · earliest cash-out
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Seasoning measured from the recording date — not closing.

The four paths

Seasoning paths, measured from the recording date

Each path trades time for cash-out LTV and a credit box. The calculator picks your earliest by date.

Delayed financing

Day 0 · up to 70% LTV

  • All-cash purchase
  • Within ~6 months of purchase
  • Capped at documented cost basis

No-seasoning cash-out

Day 0 · up to 70% LTV

  • 65–70% LTV
  • 700+ FICO
  • 1.25+ DSCR
  • 12+ months reserves

3-month (wholesale)

3 months · up to 75% LTV

  • 3 months from recording date

Standard 6-month

6 months · up to 75% LTV

  • 6 months from recording date

FAQ

BRRRR refi-timing questions

Do you have to wait 6 months to refinance a DSCR loan?
No — that’s a myth. There are four paths: delayed financing (day 0, cash buys), no-seasoning cash-out (day 0, tight credit box), 3-month wholesale, and the standard 6-month. The right one depends on how you bought and your credit.
Is seasoning measured from closing or the recording date?
From the recording date — the day the deed/mortgage is recorded — not the closing date. Most people get this wrong, and it can move your earliest cash-out by days or weeks. Our calculator measures every path from recording.
What does no-seasoning cash-out require?
Typically a tighter box: roughly 65–70% LTV, a 700+ FICO, a 1.25+ DSCR, and 12+ months of reserves. It lets you cash out at ARV with zero seasoning, but only inside those limits.
What is delayed financing?
For an all-cash purchase, delayed financing lets you pull your capital back on day 0 — but the cash-out is capped at your documented cost basis (purchase + rehab), not the ARV. It’s the fastest legitimate way to recycle capital on a cash BRRRR.
What DSCR do STR lenders require?
Most set a floor around 1.0 on the cap-adjusted DSCR (revenue ÷ PITIA). Some offer no-ratio or sub-1.0 STR programs at a premium for thinner deals. The engine shows your ratio against each lender’s specific floor.
Can I do a cash-out refinance on my STR?
Yes — rate/term and cash-out refinances are common, including BRRRR cash-out once any seasoning clears. Seasoning is measured from the recording date, not closing; the BRRRR calculator shows your earliest cash-out by path.
Open the calculator

Time your cash-out before the hard-money clock runs out.

Free · No credit pull · Legality included · Not a call center.

Time My Cash-Out