#212: How To Pull Cash Out of a Property WITHOUT Refinancing and Losing Your Favorable First Position Mortgage

In today's episode, I want to discuss a topic that many investors are currently facing: how to tap into the equity in your investment property without having to sell or refinance.I know that many of you may have invested in properties a few years ago and now find yourselves with some equity. However, the current options for refinancing may not be as appealing as you had hoped. That's why I wanted to share some strategies on how you can access that equity without giving up your favorable first position mortgage.In this episode, we discuss:Understanding the concept of a quality first position mortgageExploring options for tapping into property equity without losing favorable loan termsThe role of second position loans and how to find lenders willing to offer themThe advantages of working with local banks and credit unions for second position financingThe potential of private financing and agency supplemental mortgages as alternative optionsStruggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners