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Need some advice on refinance or how to get some cash back

Bought a coop on long island new york. Purchase price was 265k i borrowed 165 k at 7.6%. I just did a 80k renovation full gut and now i estimate it’s worth 380-400k. The mortgage is 1300 dollars a month with 110$ going to principal is makes me sick to my stomach.This is a first home purchase but chase gave me conventional. I need advice because i’m bleeding cash renovations are payed for and down payment was ruffly 96k. Someone please tell means ideas.

submitted by /u/MonkPotential8698
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source https://www.reddit.com/r/RealEstate/comments/1cck9iz/need_some_advice_on_refinance_or_how_to_get_some/
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