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Updated over 3 years ago,
Funding question.. cash out refi vs loan
I have a funding question. I have a deal locked up for$250k.. (seller will finance me $50k. So I'm needing funding for $200k. Was looking into cash-out-refi. Accountant says this route won't let me deduct taxes. Does this point be down the road to a conventional mortgage, or is that not a reason to shy away from cash-out-refi? Any other thoughts on which way I should try and get funded would be appreciated. Thank you all in advance.