I want to keep the property longterm since its a good rental and the interest rates unbeatable but I want to pull by 10K downpayment as well as renovation budget out of the property.Has anyone ever had any sucess refinancing a portion of the home while still keeping seller financing in place? 

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Getting the best interest rates, doing (re-)taxations, changing the percentage for a down payments that needs to be paid or for the % in refinancing to get back.We are actually planning our next meet up in Barcelona about refinancing where a mortgage broker is coming to have a talk.

As far as cash flow, that will be difficult to come in a lot of markets with current interest rates.

The average consumer is some what aware of these layoff trends, inflation, higher interest rates, and higher home prices.

What occupancy rate have you gotten throughout the last year?

Are there any banks/lenders which would provide some incentives on closing cost and give good interest rates?

Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housing loan option for first time buyers.Would be purchasing as an owner occupied "primary residence", rates are decent under both options.Condo is currently rented, tenant lease expires the end of August - roughly 4 months.Lender says both loan programs require buyer to occupy the unit within 60 days, to qualify for first time buyer deals.Is there a way to get them to extend this to 120 days (4 months) until the tenant lease is up?

I would only explore second-lien positions loans if your current interest rate is in the 3's.

With today's interest rate, this may be a viable option, compared to buying physical RE.