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Jan 20, 2022
4:18:48pm
Kauai Playmaker
Just did the same. Cash out refi to get 20% down but the appraisal screwed up
the plan on the new house. New place appraisal came in about $30k below the purchase price. Ended up eating up some of our down payment after new negotiations (met halfway)

Luckily the jumbo limit increased this year. Rent on our old place is more than double the house payment.

Locked in a low primary rate on the now rental and then added another primary on the new one.
This message has been modified
Originally posted on Jan 20, 2022 at 4:18:48pm
Message modified by Kauai on Jan 20, 2022 at 4:19:53pm
Message modified by Kauai on Jan 20, 2022 at 4:24:29pm
Kauai
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Kauai
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