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Cash Out Refinance - Texas

I am the only one on the mortgage - because we were married when I purchased the home we are both on the deed. I am planning on offering him half the equity (I know I have to keep 20% of the house equity in - I'm not planning on getting all the equity) after debts paid to get him out - outside of having to get a much higher rate is there anything I am missing?

submitted by /u/ImANobleRabbit
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source https://www.reddit.com/r/RealEstate/comments/y9w25h/cash_out_refinance_texas/

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