You could always get preapproved to see what the number look like before you commit to closing on the cash out refinance. 

Up shot was they want money up front as some sort of commitment fee.. 

I am currently in podcast 26 been listening and I just can’t stop listening to everyone’s experience but then I realize something I can put my skills I learn in life to either succeed or find a way to succeed as long as you commit and I’m sure there’s going to be a lot more to learn and to listen but the one thing in common so far for being in #26 that from the 26 experiences I listen all you guys committed and find a way to get to where you all are.Where?

This year - made a commitment to do a BRRRR deal.

(I used to use Ally until they claimed my brother was committing fraud due to pandemic unemployment benefits, then banned him from calling them so he couldn't plead his case. 

I suggest you run the numbers on the property before you commit to it.

You are committing to occupying the property for a year. 

The calculation would be (unused line fee %/12 months) * (A - B) where A would be the maximum commitment of the facility OR some lesser amount and B would be the average monthly balance of the facility.

@Andy Mirza:Most were lease options, done before any foreclosure issues, some after the foreclosure with the hope of salvaging it without the  commitment to do so.

My total capital commitment at purchase is around 80k.