My first preference would be to try for a seller finance deal on the property for part of all of the transaction...find out what the seller's needs are and see if you can structure something.
Depending on your credit history, you could probably refinance and take a mortgage out for approximately 70% of the value of your existing investment property. Lenders will offer this but will require an appraisal as you'd expect to determine actual value. I'd recommend a fixed rate product...or you could do a variable rate equity line. Either way you are using the equity as the basis for your refi product.
Tom Hinz www.shortsaletosell.com... more