Seller Financing refinancing

[Carlos Powell]

ok say a seller is willing to play the bank and they owner finance the house. after the house is in my name can I then refinance the house to get the equity out the house? And if so does the same process work if you do a subject to and take over a payment? I'm guessing for the second scenario you can't test the loan because I'm just taking over the payments. Any help would be appreciated?