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... What Peter said... except that cashout on a rental is capped at 70% on SFRs, lower on multiple-door units (2-4-plexes.)

You'll probably tear your hair out sorting out an equity rebalancing plan to get the best rates & terms across all your properties. This is a case where a good broker is valuable (and I am decidedly *not* self-pitching here... your kind of case is a hair-puller... my own portfolio is similar, and its a royal PITA for me when I do my own financing!)

Dave Donhoff
Leverage Planner
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