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 Die with massive DEBTS, A guru told me about that

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blah2blah
post Jun 28 2019, 11:09 PM

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May I ask how do you refinance when you havent settle your current loan from your first props?
blah2blah
post Jul 3 2019, 07:45 AM

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QUOTE(Pac Lease @ Jul 3 2019, 01:38 AM)
U can refinance ur property if ur current house value has been increase.

Example, current house market value at 500k, ur current outstanding is 200k, so u can refinance and cash out for 250k.
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Thanks for the explaination. So whats the advantage of refinance since you still have to repay your loan and starting it all over again?

 

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