The marginal returns drove me to seek other strategies.So, this is not a "bad" deal if you consider it more of a learning experience than one that will make you a lot of money. 

I certainly Do Not know it all and will never be able to learn enough even though I continue to be a student seeking knowledge always.   

It's good you're seeking advice and educating yourself!

I don't even think its worth a sub-to We had a similar deal last summer that looked like it was on a glide path to closing and then the REAL numbers came to light and the wheels fell off the bus. 

Another poster mentioned seeking seller finance with 3% interest, if the numbers work, make the offer.

Readers should seek professional advice.

Readers should seek professional advice.

Readers should seek professional advice.

The fees for a refinance / cashout would be ridiculous compared to the amount of money you're seeking.

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.