I assume this would be fairly rare (as long as the FI is getting paid) but legally possible.

Hi there, I am two weeks into my FI journey and I recently found a savings (traditional) account I had forgot about and with it I have a couple of options: (1) forget about it again, (2) pay off my car, or (3) combine it with my “down payment” savings.

I am very bullish on Charleston SC.. I

If I can finance the purchase and use cash for multiple reno, I just want to see if option is there to re-fi out and conserve cash, not leave 4 downpayments in and have no personal cash options left.

@Lakisha F. I

It might make sense if you can get a no cost or low cost re-fi. 

If no dice, Close on new purchase with hard money and count it a learned lesson to never rely on a re fi to close on time or at all for that matter.

Most folks doing an owner fi to someone can afford to ask a higher price.  

A lot of that came from leveraging the benefits of VA loans.Good thing about a va cash out Re fi is that you can go up to 90% ltv and actually I work with a lender who let me know of a program to get 100% ltv on a re fi, however the rates aren't as good.

Have a great opportunity to let it appreciate and fix it up a little bit then pull money out with a re-fi!