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140
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36
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Delmas Edwards
  • Warren, MI
36
Votes |
140
Posts

Cash out refinance from land contract

Delmas Edwards
  • Warren, MI
Posted

Seller financing/Land Contract on $84,900 with $8000 down 10% interest.
25-year land contract with a monthly payment of $698. How much equity do I need to do a cash-out refinance to pay owner off?