I have a townhome in Northern Virginia that after about 5-6 years now has over 100k of equity.

Keep in mind that dead equity is the most expensive route to purchasing artificial cash flow.

It was a 130K short sale purchase with 25% down payment but I did some renovations and we got it at a good price so I had some added equity at closing. 

My logic is I want the advantages of being a cash buyer, but I certainly want to take some of the equity back out of the property to invest in another.Any recommendations on a lender who does this?

My observation is that cash investors or investors with substantial equity, tend to be more greedy with their sale prices.

Cash-out refi to buy more if you have enough equity. 

Then I plan on selling it through contract with seller financing with a higher price to another buyer after rehabbing it and adding equity. 

Thank you for the value this community has already provided, i hope to return the favor soon.

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).

I have quite a bit of equity in all three properties.