Cash-out refinance cons: you are extending the life of your mortgage, in your situation your rate will go up, and depending on your loan type your max cash out may be capped at 75-80% LTVHELOC pros: closing costs tend to be slightly lower, you may be able to get a tax break depending on what you use it for, allows you to maintain your current interest rate, and you can borrow up to 85% LTVHELOC cons: interest rates tend to be higher than a refi, usually come with a much shorter term (5-10 years), you will be making two payments on your house vs. one, and your monthly payment may vary.If you PM me I'm happy to chat further or plug numbers into my system for you :)Best of luck!

(We see a lot of clients do this like these two, and if I were in your situation this is what I'd do, but that's only because I'm only so fond of other humans and don't want roommates.)

With that being said, life circumstances definitely do happen and you do have the ability to change that if the situation was fitting.

I would say go for Investor that own portfilio and want to cashout of the marketing because the properties are to far away or they want to enjoy their life and move on.Go to propstream and look for 5 or more units and investor who may want to sel below markert.I have an investor that came across a super hot deal the investor is at the prime of his life and selling a 9 Million dollars portfilio for 6 Million so you just have to try many different things and I PROMISE ONE OF THEM WILL WORK FOR YOU.

. $6000/10 year life span/12 months= $50 per month for just the one item.

The fact they don't teach these things in grade school baffles me...I've met so many people throughout my life who are at a disadvantage because no one taught them good money handling practices and they spend every dime they make.

You'll probably have to work with him again, and beefing over listings is going to make your life harder in the future. 

Paint or marker on brand new carpets, attempt cleaning and if stain persists, charge for replacement minus prorated life.

These are things that human beings excel at.

Or if you have the margin in your life to take it on then go for it!