How do I shop for better investment mortgages?

Question

I own several apartment buildings - some with lots of equity build-up. I need to get a better cash flow off the properties (because of increasing energy cost, insurance cost, ect.) - so want to refinance. I've got all this money sitting there in the properties in the form of equity -I need to pull some of it out - but I don't want sell any - just improve the cash flow. So - What's the best place to look for refinancing my properties? And is my logic on this thing make sense? Thanks

Answer 1

Makes sense. Lots of people keep their properties leveraged, usually to buy more.

Answer 2

Doesn't make sense to me..... you have equity in these buildings that you want to take out (that means borrowing MORE than the loans you currently have) But you say you want to improve your cash flow too.

I would expect you could do either, but not both. Getting cash out should increase your payment (lowering your cash flow). Refinancing without getting cash out might decrease your payment (improving your cash flow).