WHAT TO DO WITH ALL THIS EQUITY

[Larry Fullard]

Hello! Wanted some opinions on the best way to use the equity that has accumulated for RE growth, i have about 400K in equity and want to buy more RE for cash flow. Should i cash out refi? My mortgage payment will increase, cash flow will drop significantly but ill still have the asset for the future. 1031? I loose the property but 400K could go a long way for a bigger property, maybe more cash flow. Business Line of Credit? Simply use this to finance down payments and cash needed? any other suggestions or thoughts on how to grow?  

[Caleb Brown]

I would look into a HELOC. Phoenix market is nuts so long term wise it'll continue to go up. With a HELOC you can have the line of equity to use as a DP. Maybe try to do BRRR'S to rinse and recycle the equity.