if so how can i pull EQUITY out of my properties?  

You posted this thread, so you have already started.Just like @Jonathan Greene mentioned, don't chase the quickest and easiest method to wealth.

New to real estate investing so any help/recommendations means more than you know :) Does anyone know what would be the easiest or most efficient way to go about getting a new quadplex built in the Greater Atlanta/surrounding area?

The Comps give the property a market value of 200-220 but they are selling as is so they dropped the price.

So if you need advise or to talk about how to potentially obtain cash let me know.

Since you acquired it so recently from when you will close on the loan (in your case 1 day), certain HML lenders will treat this as a purchase rather than a refinance which offers better terms, more leverage, etc. 

I keep that one sheet attached to most communication I have with borrowers so they will always have it and I can refer them back to it as necessary.

The home sits at the front of the land, so there is potential to add an ADU later in the future. 

We deal in low income properties, so our criteria is that rent cannot be more than 50% of income, but if the income source is non-taxable we increase it to 59%. 

Selling to investors at a fraction of its worth is not ideal, so I'm looking for alternative solutions.