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Updated over 5 years ago,
Any advise before closing the deal?!
I plan on live on that property for at least a year, 2 years Max. doing the repairs in the meanwhile & taking advantage of FHA Loans.
My lender tells me I can refinance after a year and should first refinance to take away the Mortgage Insurance, then cash out. Would you agree?
Is there anything I should consider before signing the contract?
Thank you!