Heloc On Investment Property???

[Alana Reynolds]

I am looking to borrow 50k from equity in a 4 unit investment property to use as a downpayment on a personal residence.  I know this is rare and no one does it. Let me know your ideas on how to borrow 50k! Thank you ! 

More Details. 

rental property 390k owed

worth 490k 

located in MD

purchasing single family home in Macclenny Florida to live in. 

[Matthew Crivelli]

Quote from @Alana Reynolds:

I am looking to borrow 50k from equity in a 4 unit investment property to use as a downpayment on a personal residence.  I know this is rare and no one does it. Let me know your ideas on how to borrow 50k! Thank you ! 

More Details. 

rental property 390k owed

worth 490k 

located in MD

purchasing single family home in Macclenny Florida to live in. 

You're already mortgaged at 80% LTV. You won't be able to touch the 20% equity. Lenders are not giving HELOC's over 80% LTV. Your only option would be to sell the house.