Commercial Equity Line of Credit? Need Advice.

[Josh Espejo]

Hello BiggerPockets!

New to the forums, but not new to the world of real estate investing. 

Currently have one SFH out in Jacksonville, FL, but looking to switch markets and go for a more MFH approach.

Was talking to a family member about my wife and my plan to build a MFH/SFH portfolio in the midwest (between St. Louis, MO and Cincinatti, OH at the moment). He tells me that right now his dental office buildings are fully paid off, and he would be willing to lend equity from the buildings to me in order to fund the downpayments for properties. (Buildings are located in San Jose, CA, for those wondering)

I have been searching through the forums and through Google on how this would be possible. From my research, I read that there is a HELOC type of deal with a "commercial equity line of credit" from Wells Fargo, although that is as far as my findings has brought me. I will be continuing my search after posting this ;)

Does anybody have firsthand experience using commercial equity for the type of loan I am talking about? Or does anybody have a better idea to harness the equity from these commercial buildings? Any recommendations to allow me to further research or make connections to make this happen would be appreciated. Thanks BP.