@Timothy Hero has a good point, you should look at the benefit of the cash-out funds, as a comparison to ROI where you are now, and where you would be if you did this refi and paid off a property (the +$400/mo or w/e).

One solution to that is to make your EMD so small that it won't hurt, but that communicates to the seller that you're not a serious buyer.My approach would be to have all the offers written in advance, leaving the expiration time and date to be filled in when you submit them to the seller. 

What should the expiration date be if it is an REO that is represented by a broker?

I have another $75k liquid I could put towards the home if necessary.My credit is about 750. 

If the local Realtor association has a fill-in-the-blanks form, your agent can do it as well.These are great for sellers, but not so much for buyers.Don't forget to put an aggressive expiration time and date on the offer. 

I probably should've tried to make sure I was more liquid but the 401k is where the majority of my funds are. 

I probably should've tried to make sure I was more liquid but the 401k is where the majority of my funds are.

The first buyer's redemption period should expire the end of March 2021 if I understand correctly.My thoughts ...I can buy out the first tax lien holder before the end of their redemption period.

I know typically with courthouse auctions it is a very quick turnaround (maybe 24 hours) from when your offer gets accepted to when the payment is due and you close so you will have to be comfortable with the added risk of not being able to do much due diligence, or will have to scramble to quickly verify you are buying a clean title and to produce the cash for purchase if you don't have it already liquid.

Gardner, MA Cold call (non owner occupiers/expired short sales)11 Scenic Ave Webster, MA Cold call on Foreclosure starts list36 Ridge Ave Athol, MA Active on MLS43 Cortland St.