Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
best way to pull cash out of rental?
I currently have one rental property that has about 70k equity (worth 170, owe 97). I would like to start building my portfolio by adding some small multi-family units and will need to pull the cash from here to do so. I would love to hear thoughts on the best way to do this. Home equity loan? Refinance? We currently have a 3.25 interestest rate and cash flow about 400 a month from this property. Thank you in advance!