Desire To Buy Next Duplex...Need Advice

[Jason Powers]

I have had one duplex for over three years, it is fully rented out with the same tenants.

I saved up a nice emergency fund for repairs for that duplex. (I leaned that here on BP)

The duplex has around 30K in equity.

I would like to purchase another duplex but like many don't have the next 20% laying around. Could/should I take it out of the equity to buy a next one or just be patient and keep saving for the 20%?

There are some desent properties right now in the area I could get for around 80K.

Thanks for any advice