All Forum Posts by: Mark Cole

I am in the same boat sort of. I have a couple rental properties that are cash positive. The one that I am focused on appraises for 155K and I have a 75K mortgage balance. Problem is trying to tap into the equity to invest in other properties or even just kill off some debt, has been a journey. Whether a HELOC or Cash-Out Refi, bank fees, processing time and just the loan process has become a joke. I'm stuck with either accept these ridiculously disrespectful bank loan terms to try and grow or sell the property and take all the cash and do what I have to do. I really don't want to sell my property but I want to grow. Is this a case where i have to take a step back (sell) to take two steps forward (re-invest)? Any suggestions would be great.

Hey Johnny sounds like what I am looking for. Whats the link?