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Updated over 2 years ago,
Line of Credit On Rental Properties
Hello BP,
I currently have 8 residential rental properties with approx $5M in equity. I do not want to refinance them because I have low interest rates on all. However, I do want to access my equity to purchase more properties. I am looking for a lender that does consolidated line of credit or a commercial line of credit. I'd really appreciate it if you have great referrals for me.
I'm open to other ideas as well that can help me tap into my equity.
Thank you so much for you inputs,