If you're using FHA, you won't need to re-fi so use the FHA dp amount.

I am looking to purchase real estate in Columbia SC.  I

Here are some of my estimations and hopes in acquiring the property:-I'm thinking to do HML to Cash-out Re-Fi finance (I've already talked to a loan officer and she is supportive of this approach) to acquire and renovate the space to then rent out-There was a recent sale of a 4-unit a block away for $225,000 (which looked to need a little bit of work itself).

This is certainly an interesting business model, even if it inflates the rental market.http://www.latimes.com/business/realestate/la-fi-a...

Semper Fi.

We are also able to start consider doing things like cash out re-fi's to use a down payments of future properties & are starting to realize returns from side investments that we have made, like tax liens, and will roll those into future down payments.Sorry for the long reply, but I hope that helps.  

You might want to consider taking a private money lender on for a year or so then re-fi to a conventional loan.  

Hello EveryoneMy name is Justin Whitfield, I'm 24 years old (25 later this month) and I'm from Anderson, SC.  I

Originally posted by @Colleen F.:I

I'm in Anderson SC I see potential in every property I lay eyes on.