@Opus 17
Thanks for your valuable inputs.
Is there a 90-day rule for investment properties , similar to primary residence properties. That says that, you can buy property in cash(to beat market offers, etc...) and do immediately refinance within 90-days, and it would be still considered as acquisition debt. I am 100% sure it applies to primary residence, but i am NOT clear if it applies to investment properties.
The whole reason for buying cash, is to close the deal sooner with impatient sellers, and then do refinance immediately in the background, and still be considered as acquistion debt.
