I need the best advice on how to pull equity out of an existing rental property to purchase more rental property?
There are products available that will allow that type of situation. Unfortunately, they don't have the best rates or terms. If you can deal with a little higher interest rate and maybe an ARM or balloon, you can make it happen.

What's the difference between a mortgage and a deed?
A mortgage (instrument) sets out the amount of the mortgage (lien) used to purchase or refinance real property, and details the terms of repayment along with recourse, etc.... A deed is an instrument that shows ownership and vesting of real property. You can have a deed to convey ownership of property or a...