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Updated over 10 years ago,
Orlando area
I have a property at 8% owner finance and I of course want to refinance as soon as possible. Should I refinance what I owe which is 150k or should I refinance at the new value of around 195-200 and use the lump sum of cash to help get another deal together. How much can I get LTV on a refinance. What is your opinion on taking equity out of the property. I am new to this an very open, an guidance and perhaps a referral for the orlando area would be greatly appreciated .