@David UzhcaHi David, one of the most common ways to tap into your equity is to get a HELOC, a home equity line of credit.

The most common portfolio style loan in Texas is a 20 year adjustable rate loan.

Most commonly this is someone seasoned in the widget business, who just opened their own widget shop, and they aren't saddled with 15 layers of middle management, so the new business might not do as many units of widgets, but those widgets they do sell, the business reaps the profits that otherwise would have been paid out to useless middle management.

You can always refinance to pull cash out down the road, but maximizing cash flow is a very common goal.

not always but commonly

@Mitchell RustenAny common printer paper will work (20lb bond is typical).

I also include furniture for the common areas such as a couple of basic sofas, a wall mounted television, dining table and chairs and other odds and ends.

Just not a lot of room for errors.  

Good morning @Aryka Ortego,I don't see too many partnerships like this in the residential investment space (4 units or less) but it may be more common in the commercial space.

Is it common?