Maybe less)(the extenuating circumstances would be lay off's during covid)BACK STORY- i was about to file my chapter 7 bankruptcy, I looked through all the positives and negatives (so i thought).

Still do you think this is worth it given our housing circumstance?

Maybe less)(the extenuating circumstances would be lay off's during covid)BACK STORY- i was about to file my chapter 7 bankruptcy, I looked through all the positives and negatives (so i thought).

If the lender you talked to only has this option, you should shop around for lenders that have other loan products-80% cash-out refinance is going to be challenging in any circumstances, but especially with a short seasoning period. 

Sometimes there’s extenuating circumstances.

There is a legal doctrine called "piercing the corporate veil" in which in certain rare circumstances, a member can be found to be personally liable.

So I may use them for my next purchase depending on the circumstances and properties they have at that time.

It was just a way to earn a few extra bucks when the circumstances proved right.The same for subject to deals; loan subordination; purchasing of “discounted” notes, or hard money lending.  

It’s kind of a special circumstance if you have a moment, would love to jump on a call and just get your advice or an email and I could write you.

Motivation has nothing to do with circumstance.