Looking for a creative way to purchase 3rd Multi-family

[Jeremy Nault]

I currently have 2 duplex's in my portfolio. One investment property with around 150-175 in equity, and another owner occupied duplex with minimal equity. I am looking to purchase a 3rd property using the equity in the non-owner occupied duplex but am running into issues with refinancing and HELOC's since the property that I am looking to take money out of is not owner occupied. Has anyone else dealt with this issue before?

[Matthew Crivelli]

Pen Fed is the way to go for the HELOC. Unless you wanted to do a cash out refi, you could refi both properties into one loan at a decent rate that you can lock in before rates start to go up.