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12-11-2019, 02:28 PM #1
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- Join Date
- Feb 2017
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You want to cash-out refi when that's already at 63.5% LTV? And get him maybe 75% LTV, netting him (after all the fees involved) only about $70k. And then he's be restarting his amortization.
It would be a very expensive idea to do anything other than WBL if there's business revenue. Believe it or not, WBL is cheaper than a refi in this case.
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