I need some input on how to gain access to my duplex's equity. I tried refinancing but I purchased an Airbnb (a different property) last year and the lender said that i needed to show 2 years worth of tax returns that included the Airbnb to use it as additional income. My debt to income ratio is high right now because I had to cosign for my daughters student loans (about $120k). She's still in school so her payments are deferred right now. I just wanted to know if there are any options for me besides waiting until next year to try and refinance again. The property appraised fro $250K, I only owe $95K. Any help would be greatly appreciated.
You may want to see if you can get a HELOC on the investment property.