Quote:
Originally Posted by ranchlandsselling
I did, just didn't explain it further than the "downpayment". If equity is low in the fist you'd need a larger downpayment with the reciprocal being true should equity be higher.
Laziness on my part and the assumption that people would figure it out. 
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I was pretty sure you and I were saying the same thing. But people tend to forget to run the math properly on these things.