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Updated over 6 years ago,
Best Way To Pull Money Out Of Property
Hey! So if I have a property, let's say the purchase price was $25,000 and it was bought with cash so fully owned. Then has appreciated to $100,000 now, what are my options to pull cash on this.
The reason for pulling the money out is for other ventures/investments. But the last thing I want to do is sell because the tenants are family members. Maybe some sort of fixed HELOC? and use the rent it is pulling to cover those monthly payments.
Wondering if there are any other options out there I am blanking on...
Any help is appreciated!