If it was you, link to your original thread and I can give you some general information about the area; big picture development, cities around it, etc.

For simplicity, I will assume the payoff of the mortgage is the original amount of $300,000.After one year: $400,000 x (1 + 7%)^1 x 75% - $300,000 ≈ $21,000After two years: $400,000 x (1 + 7%)^2 x 75% - $300,000 ≈ $43,470After three years: $400,000 x (1 + 7%)^3 x 75% - $300,000 ≈ $67,513After four years: $400,000 x (1 + 7%)^4 x 75% - $300,000 ≈ $93,239So, after about 4 years, a 75% cash-out refinance will pay for the down payment.

What if the original owner pays their debt and reclaims the property?

Originally posted by @Jason D.

Originally posted by @Peter T.

Originally posted by @Jordan Delacruz:Wassup guys.

Additionally, your response seems 'cut & pasted' as you bring up things, which have nothing to do with my original post. 

Originally bought to relocate to.How did you find this deal and how did you negotiate it?

You can turn always turn the home into a rental but at origination, your intent must be to live there within 60 days.A twist a lender can answer: The service member will be living there in 6 months but the spouse and kids can go early.

Hi Carlo, I have been originating private money and commercial notes for close to 10 years.