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Updated almost 13 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from New York, New York
  • Member since Mar 10, 2012
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from New York, New York
  • Member since Mar 10, 2012
Connect
Account Closed
  • New York, NY
7
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183
Posts
Foreclosures

Should I take out a purchase or refi loan?

Account Closed
  • New York, NY
Posted

I am in the process of buying a duplex in Florida for 65k. The seller is requesting a cash closing. Is it possible to take some equity out of the property via a refi or other means after I have purchased the property for cash? Also, what differences in upfront and closing costs should I expect with a purchase vs refi loan? Thanks.

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