Currently own home and have refinanced, what now?

[Matt Hall]

Hi, have currently owned my one family home for about 7 years now, still needs a few thing but I’m pretty good shape overall. I refinanced last year to a 3.1% interest rate. Am looking to get started on finding another property. Question is can I use my current equity I have now towards finishing here (roof and possibly floors) and finding another property without having to refinance again? Furthermore how far should I go preparing current home to rent? Any help would be sincerely appreciated, thanks for reading.