I would probably talk to an North Carolina attorney for this. 

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

They are really changing the shape of the city and it may become incredibly expensive to buy out there soon due to lack of housing.

To really make a good informed decision you'll want to look at all of the metrics of your properties performance. 

This is false.

This could be an opportunity to share what you've learned.

I left two voicemails, but I've yet to receive a response, and my check has not cleared. 

As usual in most responses in this forum you are getting conflicting information. 

I’d love to hear more about your goals and how you’re planning to use your license to grow.Wishing you all the best on this journey—feel free to reach out if you ever want to connect or chat strategy! 

Any good lender will be able to guide you to what will work for your specific situation.