When the property is finally paid off its entire market value at that time in yours so it is as if you were setting up a bunch of savings accounts that will each have an equity balance that will belong to you , long term of course and the rest is just simply ways of managing the debt, cash flow, and appreciation to your advantage.

No Bank, No Credit Needed Requires $50,000 cash Assumption: Turn Key company has found and rehabbed property and found renter to install Assumption: Turn Key company has found property with equity and taken over loan with Subject To or Wrap.

@David Hussa, I think you have a few options.How much equity do you have in the current home?

How much equity do you think you have all together?

@Edgar Butler Jr there is not enough equity in the deal if the seller wants to get rid of it.

At this point the units are all leased out, gross rents are 9k, value of building is about 1.875M based on reasonable comparables, current loan outstanding is 600k, building cost to complete about 1.45M.I need to refinance, simple reason is I need to takeout equity from this property so I can build more homes elsewhere (have 8 homes planned to build in the next year).

Looking for a true Asset Based Lender who with / w/o to loan on fully occupied properties and others with great equity built-in the purchase price?   

Thomas likes debt and thinks equity is dead money.. its a running tongue and cheek we all have on this site.. 

The laws here (i currently live in NJ) do not favor landlords.

Try to find someone that will let you provide some sweat equity into one or more of their projects while you learn the ropes.