Can you refinance a commercial property and take all equity out?

[Benjamin Sussman]

I'm looking at buying a commercial property but I don't want my capital to be tied into the property for a long period of time. Is there any way I can do a refi on the commercial property to take all my equity out? I know you typically need to put 25% down on a commercial building and I'm wondering if banks or other lenders would let you refi to the point where you only have a 5-10% equity stake in the property?