@Gregg FrancisThere are lenders who offer equity lines of credit on rental properties, but they might have a higher rate and a lower total loan-to-value when compared to a HELOC on a personal residence.

You also get to be cash fluid which helps with having liquid reserves required by the banks/lenders.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

DM me and I will send you contacts for; attorneys, lenders, and accountants they have previously used.

I am interested in peoples thoughts on what to do with it.I could use the money as a down payment for a rental property, I would just need to make sure the profit covers not only that property, but my new equity loan, which I feel could be a challenge to find a property that cash flows that much.Or I could look at doing a flip, and just use the equity and a hard/private money loan, then just pay it off afterwards.What does everyone think the best use of this money would be?

my friend and I are looking to do our first fix and flip as partners using a hard money lender, we have never done a fix and flip before but we have experience/connections with remodeling houses/construction.

On a side note, if any private lenders read this post, I'm starting to seriously look at the lending for this. 

Cash and Private money

I can private message you to help you out with your presentation.Regards,Vic Rosario I  Veteran

I am also looking for private money lenders to help me finance my business.