Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).All other cash-out refinance eligibility requirements are met.

@Ashish AcharyaAlso,Do I need to create another business account for reimbursement checks when I get earnest money back from a property I wholesaled?

Purchase Price + Rehab should not exceed 75% LTV most lenders will lend 90% PP 100% Rehab Reimbursement or Cash Advance styleBudget for 10% Down + Closing Costs - Flip or Refi and hold as a rental propertyMake sure to calculate selling fees prior to signing a contract or placing an offer and include contingencies in your contract to protect your earnest money deposit in case issues come up with the property once the appraisal is complete

He gets his certificate paid off, plus whatever interest rate he bid, usually not 18%, plus reimbursement of the fees and any other certificates he paid off....yes, he gets made whole.

A few banks said I could be reimbursed if my construction cost were under the LTV.

(In a situation where a borrower purchased a property with cash recently and is looking for rehab financing, Lender can finance the rehab and reimburse them a portion (sometimes all) of their cash that they used to purchase it.

You could make a claim and your company should get you fully reimbursed from the other company.It will go in as a claim against your record unfortunately but hey- new deck!

I used my degree to get a job, and guess what, 100% tuition reimbursement so it was hard to turn down an mba program so I got one of those too just to put it on the wall.

This is a state program that will reimburse you crazy amounts of money to weatherize your building.

I am not a realtor, but I know the underlying motivation behind this $200 fee.The intent is twofold; It's meant to test the sincerity of buyers and to ferret out the "tire kickers" & to allow the buyer's agent to generate some level of return on his/her investment in you (reimbursement in the event you decide not to purchase a property).