Originally posted by @Justin Hertzog:My name is Justin Hertzog. 

This reminds me of the movie Shawshank Redemption where the guard it mad that he is inheriting $50K because he'll have to pay taxes. 

Originally posted by @Luis R.

Say the go for a refi, and get 70-75% of the ARV, now you're getting $140-150,000 back out, which you'll use to pay off the original Hard Money Loan.I'm making this scenario look pretty, tight, and nice for the sake of ease, but that's the gist.There are points, fees, interest payments, etc along the way.But regardless of where you live, whether you own a home, or even have a job, if you can come to the table with a good deal, that fits the lenders numbers/expectations, and you have the financial capacity to do the loan, the loan you will do...

High level, it's a 15 year at 5.25% and I'm paying a point origination fee but the full loan details are below. 

Originally posted by @Joseph Garner:@James StevensNot a bad idea James!

Originally posted by Account Closed:I'm wondering if anyone can help me with this question. 

Originally posted by @Bruce M.

Originally posted by @Simon W.

I would think that real estate contracts would be structured to break once the original contractee severed his/her name from the deal.