Originally posted by @Mayer M.

I agree with the original poster.

Originally posted by @Greg O'Brien:@Tim Silvers where did you end up and how is it going?

My name is Montse, I’m originally from Spain, and I currently live in the Netherlands.

Say my original loan was $500K, my cost basis with improvements is $1M and I cash out refinance with a $1M loan (can I include the interest of the new loan into cost basis since it’s reimbursing me my cost basis)?

Well, the original close date was delayed with no concessions. 

Most likely the new lender is going throught the foreclosure process and typically will end up taking the property back.The original posters chances of getting this property back now is slim to none as it will be sold at market value.  

The statement that 90% of all fortunes were originated with real estate2.

I was told that the dilution of my original investment would be 21.8% if I did not participate.

Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance.