You are giving up most of the equity for taking no risk and doing no work. 

Quote from @Andrew White: Investment Info:Single-family residence buy & hold investment in San Antonio.

Quote from @Horacio Renteria: I became an accidental land lord after a divorce in 2020 (bought ex out for equity) then purchased a second home as primary in 2020 for 2.85% interest and has increased in equity 115%.

All of our properties we have had for 5-10 years, so lots of equity.

I create a simple spreadsheet and compare my CoC return and Return on Equity (ROE).

We absolutely background, credit and eviction check every prospective resident that does not book through an Airbnb-type platform ("OTA").

One has no mortgage, their other has a HELOC for around $20k remaining and is coming to its 10year term that was established before placing with LLC.My predicament is how/best way to pull equity out of either property for a down payment for the 3 family that is valued around $450k.

@Leslie Beiai think offering equity when what you seem to need is just a loan doesn't make sense.  

I purchase my personal investments to maximize their equity and hold long term.

Investment Info:Single-family residence buy & hold investment.