How use equity in buildings to build. best way?

[Mike Campbell]

My fellow BPrs;

I have decided to use the equity that I have in some of my properties to start building Homes again.

The plan, is to us the funds created by the sale of the homes as the down to buy more apartment buildings, to get where I want to go a little faster.

What I don’t wish to do is refi which increases my monthly payment and incur all the rifi cost

Now to the question;

The bank that currently holds all the properties wants me to refi the properties to pull the cash out and use it as the security for the loan to build.

Is there another way, a better way the bank can do?

Why can’t they simply use the properties them self as collateral, without the refi

Any suggestions, better Strategy, would be appreciated.

Respectfully

Mike