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Updated over 8 years ago,
Pulling out equity from multiple properties
Hi everyone,
I am making the jump into apartment complexes and I am having (typical) newbie issues of raising funds to purchase. I was wondering if anyone was able to pull equity from multiple properties all at once? I have enough equity in 5 of my properties to put the down payment on the apartment complex I am looking at without any outside help. I would love to be able to leverage my own equity to finance this project, but short of doing 5 HELOCs, I am unsure of how to proceed. Any thoughts would be appreciated!
- Abraham Saldana