When in construction defect litigation, often the condo's cannot be refinanced or sold except for cash or private money.

We used them for the purchase of our primary residence 2 years ago, and are currently refinancing a different property with them.

The reason I would be refinancing out of this loan is because the max term is 12 years, giving me a debt payment of $1,035. 

If you are refinancing at 70% of ARV then you should be getting cash back from the bank if you purchased it originally with private or hard money.

Both were traditional loans for 30 years and were refinanced into another conventional 30 year loan.  

Hi, I am new to BP, so please bear with my first newbie question.Does refinancing a FHA loan interrupt the 1 year owner occupancy rule for FHA loans??

Or are you saying that it still cash flows nicely after refinancing it to get your cash back out?

Once 1 property was paid off I planed to make double payments on the other.House (A) I currently owe about $61,000 with a 2.5% fixed interest rate with a 5 year balloon note I just refinanced into.House (B) I currently owe $102,000 at 5.0% fixed interest rate at 30 years.I own 5 acres of land(C) free and clear in Beebe Arkansas that I am currently living on that's tied up in House(A) worth about $25,000.

Last year, I did refinanced out of the FHA loan, took some cash out and bought a condo in Logan Square. 

Hey BP community.   I am wrapping up renovation on a rental (running out of capital fast!) currently.  I had an existing plan but I wanted to run it by the community and hopfully you guys who've done these in the past...