Best Way To Pull Out The Equity From Our Portfolio Is...?
I'm looking for advice/ideas on the best way to access the Equity we have built up in our portfolio.
We have 5 small multi-family properties, all financed with traditional 30-year fixed rate loans locked in sub 4.75%. To continue to grow our business, we need to pull out the equity that has built up.
Our preference is to keep the existing loans and the great terms we've established--if at all possible. Does anyone have any ideas on how we can best do this, without converting these all into a single portfolio loan.
Thanks for the help BP!