@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Connecting with local experts can also provide valuable insights to refine your strategy.Good luck!

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Strategies include offering owner financing, allowing trade-ins, or providing lease options.

Gann, JD (“Rick”) is Managing Partner of 1031 Capital Solutions, serving the Pacific Northwest from the firm’s office in Lake Oswego. 1031 Capital Solutions’ mission is to provide tax-efficient strategies to real estate investors.The contents of this article constitute neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus.

Quote from @Dani Murai: You can send me a DM and I can provide a couple GCs 

They provide detailed information on the property address, closing costs, all utilities, lawn care, capital expenditures, maintenance, property taxes, insurance, and more.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Hey Laura,I provide EMD and Double closing funds for Wholesalers.