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16
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Barrett Lund
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16
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Best Way to Tap Into Equity of Renovation

Barrett Lund
Posted

I have about $30k in equity of my $560k FHA mortgage. If we believe zestimate in any capacity they have my property valued at 670k without the recent improvements I've made. I am about to spend over 100k to completely renovate the fourplex. Once this renovation is complete, what would be the best way to tap into the equity? My loan terms do include PMI but I do have a 2.5% interest rate.

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