Hello all,I have recently been approached by family members as my business starts to grow about them lending money to me. 

The Savannah market is growing and many northerners are retiring and relocating toward the south.

I'm 60, so no 10% withdrawal penalty but of course withdrawal would be ordinary income. 

I'm a new investor and my knowledge of financing is still growing but the balloon element of the existing loan makes me nervous.

I'm glad to see you've been growing your inventor some. 

I want to grow as person and break the hardened shell i created in my younger days.

It appears from the FEMA flood map overlay on satellite image that much of the wetlands is planted with pine, meaning more of the usable/build-able land is clear while still growing pine for profit on all the 'useless' land.I've found a nearly identical 40.0 acre nearby sold comp for the raw land, down to nearly identical ratio of wet to dry land.

However, we have also looked at these and a refi cash out as a way to grow our company faster.

I run a Turnkey real estate company in Boise, Idaho, which is the fastest growing city in the US.

I need to get as much cash I can so I can grow my portfolio.Equity: 50K What would be my best option and why: cash out refinance or home equity loan?