If you want to access the capital that is tied up in your multifamily investment property then you have two choices:
1) sell the property or
2) refinance
There are pros and cons to both. When you sell you get all of the equity out - but then you have to deal with capital gain taxes. You also cut off your monthly cash flow.
When you refinance you can only access some of the capital - but at least your cash flow continues. So which option should you choose?
Watch this video for 5 things you should consider before making your decision.
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