I own an eight family house in NYC. It is worth about a million. There 
is a first mortgage balance of $80,000. I could refinance a take out a 
considerable amount of money. However I have no immediate need for all 
that money. I really need a home equity type of loan where by I could 
use the money when needed. I have not been able to find a bank that has 
such loans on 8 family income property that I do not live in. Can 
anyone offer any suggestions.

Thanks.

Bill

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