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Updated almost 2 years ago,
Access Rental Equity
I currently own two SFHs, one of which is a primary residence. I am looking to access the equity in the rental for debt consolidation and capital for future investments. Currently home has approximately 95k in equity and is cash flowing about $300/mo. Current mortgage has an interest rate of 3.5% and my credit would be considered good/fair. What options are actually available or is selling the property the best option?