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Updated almost 6 years ago,
How To Pull Out Equity With Existing Mortgage & Home Equity Loan
Newbie here with my first question/post!
My primary residence has a mortgage and home equity loan. I have rehabbed much of the home and it is now worth more.
I’d like to refinance to pull the equity out to help finance a future deal.
Looking for ideas on the best way to do this. Should I get a whole new mortgage and home equity loan? Is there a way to re-up the existing home equity loan?
Just trying to get a feel for what the options even are, and how to avoid new transaction costs.
Thanks for the ideas/input!