Owned rental property. Need to rehab and refinance.

[Tyler Tomas]

Hi, I have a situation that I haven’t been able to find on previous forums. I own a rental property free and clear. The tenant has caused damage and broken the lease so she is going to vacate in December. My question is this: I need money for a rehab so I can get a high appraisal and purchase a new home. Would it be beneficial to have a pre rehab appraisal to borrow the money for the rehab and then a post rehab appraisal to get the maximum amount of capital for the next property? Or is there a better way to do this?