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By Craig Johnson

One Brilliant Way a Cash-Out Refi Can Pay the Mortgage

Boss-level home improvement: Build a tiny house on your property, and the renter pays your mortgage.

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Good purposes for the cash you get from a cash-out refinance are so numerous that we could write about a different one every day all year. In the face of all the possibilities, every homeowner has different priorities. Paying off expensive credit card debt is a favorite use of cash-out refi, as is settling medical bills. Home improvements and repai...
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