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Buying with cash and then refinancing it back: FNMA delayed financing

Q:  How soon can you refinance a piece of real estate after you’ve bought it, if you acquired it with cash? A:  The very next day!  (maybe)-  thanks to a quirky provision in the Fannie mae guidelines called “delayed financing”. Delayed financing is actually priced as “cash-out” money, and is restricted to the loan to …

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