Financing advice for a renovation project on second home

[Christine Edwards]

I own a second home in Michigan.  I am looking for advice on how I should go about financing some renovations.

Current Mortgage balance $140,000.

Estimated repair costs $75,000.  Not enough equity in subject property based on current value.

According to the Realtor, ARV would be $315,000 - $335,000.

Last time I looked my FICA score was in the excellent range

My DTI including the subject property is way less than the typical 45% requirement.

Any help, advice, would be greatly appreciated.

Christine