Cash out refinance on primary residence information

[Gustavo Zamora]

I currently have a FHA loan on my primary residence. I want to get the equity I have on the house to invest in a multi family. I need advice like can I qualify for another loan?

[Evan Polaski]

@Gustavo Zamora, typically you need MORE than 20% equity to cash out refi or pull a home equity line.  Sometimes you can find a lender that will go up to 90% but they are fewer and further between.  Finding out is very easy: start calling banks and asking what they require, and you will quickly learn if you will qualify or not.