In the world of real estate investing this is a "small potatoes" issue, easily cured if need be and likely of no value to you anyway until you have about $100,000 in equity that you want to protect.6.

I have a property with roughly 100k in equity that cash flows $600 per month.

My goal is to take out a HELCO from my first rental property which has about 170k in equity.

I currently live in Florida where we own a property that would appraise around $800k ($450k in equity in the house).

2)Another much smaller property I own has no mortgage aand I'd like to do the same as property one.3)Another property I have has a older FHA loan with a balance but has about $150k in equity /or less then 80% is owed. 

I have a rental property in Las Vegas that is currently valued at $550K, I have about $220k in equity on the house and it's currently generating a decent cashflow of $800 a month - 3.25% Interest rate. 

Because I funded the deal instead of buying from the builder on the back-end, I had built-in equity.

Then they will bring in equity partners who front the down payment and get the remaining equity and then go into a passive position.

I am currently in process of using the Homestyle loan as an investor buying a duplex using hard money to acquire and Homestyle as the takeout refi.My goal is to have $0 cash into the deal and come out with a cash flow of $500 a month and 100K in equity.

Depending on the asset and location you could still have significant appreciation in equity even without positive cash flow or income increases.