I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?

Passive investors who are willing to go out further on the risk spectrum, in exchange for higher potential returns.Short answer: banks won’t give all the capital needed to execute no matter how good your relationship is.

Of course, there may be be a few variations state to state but this is basically what you need to know.

How do you know how many properties you need to retire?

They know the tenant base, median rents of different areas, how much to increase rent each year, ranges of repair costs (ex: tenant calls and says AC isn't working, no hot water, faucet is leaking, the HVAC system goes out).

Experienced NJ landlords, how would you handle this?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

Quote from @Pete Galyon Galyon Galyon: PREVIOUS AIR BNB PROPERTY   <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). 

I already know I am going to have to replace all of the hardwood floors and probably the subfloors. 

Hi Matt, Depending how much you still owe it might be better to do a cash-out refi because it will be a little better in pricing in terms of rate as an investment cash out refi.