How To Pull Out Equity With Existing Mortgage & Home Equity Loan

[Joshua Shull]

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!