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Updated about 5 years ago,
Take equity out of a rental property
Hi, I am sure this question has been asked many times, but I like to get the most recent answers. I have a rental property that I am going to sell. Before I sell the house, I may need to do small renovation and for that reason, I will need to take out some equity. I have pretty large amount of equity but banks will not let me do it since it's not primary residence. I am in Austin, TX area. Let me know if there is a way to do that.
Thanks.