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Investors & landlords
If you refinance, you already paid off some of that cash-out in the same way as you paid off some of your home loan.
you shouldn't be asked to carry that cash-out amount forever.
Most persons would not file that way. they'd report the new refinance loan as 100% home loan, if they did not take out more cash again.
March 5, 2021
9:30 AM