Non US resident trying to refinance

[Anabel Lop]

Hola everyone! 

I am a Canadian/Mexican citizen with a rental property in Portland, Oregon. I got it 5 years ago when I worked there. I have an SSN and good credit score but in the use, I only have my us rental income which is a loss right now, therefore I haven't been able to refinance to take some cash out for my next property. I contacted a brokerage and they said I can refinance with them at a higher interest rate and for up to 75%…. So, i would be able to cash out about 90k. I am currently paying around 200 a month on PMI which in the end is like an extra interest… so I wonder if I should go ahead with the refinancing and go from 3.75 interest to 7.5% or do nothing and leave that property alone. I am pretty new and would love some recommendations or advice on this matter.

Also, if you recommend someone I can talk to please let me know, I am willing to pay to get this sorted out. 

Thank you so much for your time! 🙏🏽