Cash Out Equity Advice

[Raul Morales]

Hi Everyone,

  I am new to this and have been considering starting for a long time but have waited out of fear . I feel that I am ready to begin this journey and feel excited, anxious and so ready to begin. .

I have a four unit rental property that I am considering using as collateral for a loan to do my first BRRR. I have identified several potential properties that fall within my budget and desired location . I would appreciate if anyone has feedback on how I can approach my local bank and begin the loan process.

What type of  loan would work best for this first deal?    Thanks for assistance