Selling off partial ownership in 16 unit...advice

[Josh Neumann]

Would it be wise for an investor (me) to look at selling off partial ownership in a building to either eliminate (commercial loan) debt or use toward purchase of a new property. I'm in the process of a 4unit purchase that I'm having trouble getting financed on the secondary market because of lack of comparable properties for appraisers.  I have about 50% equity in a 1.2m building.  How would I structure ownership shares and evaluate it vs the debt on the property.  I appreciate the advice!