Obviously you'll want to check the math on all of this before pulling the trigger. 

The problem in school is the poor way they teach basic math, Algebra, and Geometry. 

I do my fair share of $300k-$700k sales here in Los Angeles don't get me wrong, but my easy math brain loves using the even numbers for examples!

So you can do the math.

On the lender ask them for a non binding term sheet so you can see their math ahead of time.  

For us its simple math, if we can sell it on the secondary market for 90 cents on the dollar, lets offer the borrower 5-10% discount to pay off the loan and we still win and the borrower also wins. 

I did the math and I can get the same rehab loan amount from a HML but I will pay slightly more every month.

Hopefully you have a great relationship with your lender, if the math works out that you really should do a refinance, at least do it with the same lender so they are Net even once they are hit with the EPO. 

We won’t make a loan unless we know the borrower will earn a fair profit.The math works regardless of location or strategy, @Drago Stanimirovic.

It’s hard to make the math work and cash flow in this current STR market.