I don't recommend doing that, unless you want the same headaches dealing with short-term and extended stay guests as landlords have with tenants when it comes time to remove them from the property. 

So the loan would be a short term way to free up my equity.

Vernon/Skagit area.If you are interested in short term rentals & Vacation rentals @Eric Kouvolo would be another good local investor for you to meet with.

I will keep this short. 

You need to take into account your long term goals, your short term goals, your resources especially finances, and your risk tolerance. 

Thank you, my plan is to do short term hard money financing initially to buy a few properties and wholesale to then buy a rental before I have access to my own funds.

Hi @Carrie HallenslebenStrategy wise, I would recommend against "borrowing short" to "invest long."

I am interested in short and long term investments as I wish to retire from my current job ( driver for UPS), within the next 5 yrs. 

I'm currently working  on a Short Sale 3-unit that I will have available soon.  

I handed the loan officer a Bigger Pockets calculator report and he unexpectedly told me he would give me an unsecured short term 90 day loan for the purchase price so I could do a cash offer.