Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
0
Votes
John M.
  • Los Angeles, CA
0
Votes |
10
Posts

accessing RE investment property equity without refinancing?

John M.
  • Los Angeles, CA
Posted

Hello,

I'm hoping to get input from the community on a situation I have. I have a business venture that has raised money but needs a couple more chips to be thrown into it. I'm considering liquidating one of my pieces of real estate to get over the liquidity hump in the business. 

I was looking at 1031 exchanging my property and using the money but it seems like I wouldn't be able to touch the funds without taking the tax hit. Is there any way to either borrow against property quickly or to 1031 it and borrow against the escrowed funds with a hard money lender or something of the like? Ultimately I'm trying to gain access to the equity in my investment property without refinancing, and I'm open to liquidating this particular one since it's a bit of a thorn in my side anyways. 

Any advice or thoughts would be greatly appreciated.

Loading replies...