I would worry about the moisture causing dry rot.

But if it starts to become excessive then you are only adding stress to your life by using that lender in the future.

I've received several excessive noise complaints from downstairs, and that they've tried talking it out to no avail. 

Generally speaking, a portion of the cash-out refinance will go towards refinancing the hard money loan, and the excess proceeds (the cash-out) will go directly to you.Using the following example...Purchase price: $100kRehab: $50kARV: $225kInitial hard money loan amount (90% LTC): $135kNew cash-out refinance loan amount (70% LTV): $157.5k$135k of the new cash-out refinance loan amount would go towards refinancing the initial hard money loan, and the remaining $22.5k would go to you.Essentially, if I am not going to fix and flip it, but take out refinancing on the property, will paying back the hard money lender come out from the equity pulled from the refinance?

It looks like the lumber comes to market, not enough drying.

Purchase price: $36,000 Cash invested: $49,000 We purchased this Hurricane damaged house using excess cash from our previous Brrrr refinance of a duplex.

Purchase price: $36,000 Cash invested: $49,000 We purchased this Hurricane damaged house using excess cash from our previous Brrrr refinance of a duplex.

Purchase price: $36,000 Cash invested: $49,000 We purchased this Hurricane damaged house using excess cash from our previous Brrrr refinance of a duplex.

Lastly is tearing down existing houses and commercial buildings or doing boundary line adjustments on parcels that have excess land.

And other sites you can do a vertical dry well.. but bottom line water stays on the land like it was never built on is the purpose in our area for these water containment systems..