Cash out refinance to invest again.

[Troy Walcott]

I have a cashflowing investmenmt property with equity that can be taken out.  I want to use that equity to purchase another investment property.  The problem is my credit won't allow me to take the property out of the company's name and put it into mine to do a cash out refinance.  Is their a way I can use an equity line of credit or a 1031 exchange to make the purchase on the new investment property?  Side note: is the rule that you have to take the property out of your businesses name and put it into yours for 6 months to do a refinance for real?  If so it's stupid.  My property has had a positive cashflow for years why should I have to keep it in my name for 6 months to put it right back into the same business it came from?  SMH.