Best strategies for converting equity into cashflow
Any thoughts on best practices for converting equity in property into cashflow. I don’t mean refi, heloc, sell or 1031. I understand how and when to access the cash from a property. Just wondered if anyone had clever ways they regularly converted equity into cashflow without selling the property. I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates. I’m not against it but it would still need to cash flow which is unlikely in my market.
Any ideas out there?