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Full Episode Transcript
In this episode of The Deal Vault, Nate and Dylan step in for Greg and Sarah to break down a scenario that comes up constantly in today’s market: what happens when a flip doesn’t sell. With more sellers than buyers moving right now, properties are sitting longer, and a growing number of investors are deciding to hold and refinance instead of waiting out a sale.
Nate and Dylan walk through exactly what lenders look at in that situation, from seasoning periods and list price history to appraised value and occupancy requirements. They cover the lending options that go strictly off the last list price versus the ones that will use a fresh appraisal, what happens when a property is still vacant past the six-month mark, and why working with a broker who can shop your deal across multiple lenders can save real time and money when a refinance doesn’t fit the standard box.
Who This Episode Is For:
• Flippers whose property has sat on the market longer than expected
• Investors considering switching a flip into a long-term hold and refinance
• Anyone confused about how lenders treat list price versus appraised value
• Investors nearing the six-month mark on a vacant property
• Borrowers who want to understand prepayment penalty tradeoffs before locking in a refinance
