The 6 month seasoning would allow the cashout to recover all the invested capital by basing it on appraisal price. 

If you’re young, you have time to recover from losing it all.

Tanner, In the Westwood neighborhood it would be hard to recover the value there.

Columbus has really great rent potential so I would find a good management company and get an opinion so that you can recover from your losses before it goes on further.

He said: "Both the US economy and the world economy are recovering...we are in an environment where our economy is very strongly affected by what happens outside so in the last two or three years the US economy has been doing well but it has been held back by lack of growth in the Eurozone, Japan, and to some extent in Asia except for China and India.

The down side is if the market should turn during your ownership the value will drop and a condo will be the last to recover.

But I was never late a single time on my mortgage and although it took years, my credit recovered. 

They're currently undergoing litigation to recover the property but don't expect to get much out of them unless they can garnish his wage from the VA.On the other hand, my father is a doctor and when starting at a new clinic, the doctors approached him to buy into the property.

Not a huge profit, but the point was to recover our capital through BRRRR, not make a ton of money.

Whatever they think you have done would have to be worth the legal costs to try to recover.