Cash out refinance

[Ruben Feletoa]

I have a home market value 360k I owe 175k how can I access the equity? And how do I leverage that capital to reinvest into another property?

[Michael J. Abel]

You can do either a cash out refinance or an equity home loan/equity line of credit. Each has their own tradeoffs so research them and compare costs to determine which one is best for you. Once you get the funds use it to make the downpayment on a new property using conventional financing.