Need some expert opinion buy and hold

[Jack Thanadabouth]

I just close on my first investment property yesterday. I want to purchase another house how do I go about it. The appraisal came back on that property same as purchase price, so I have little or no equity even though I put 20% down on a $55,000 property. What should I do what is my next step I have only $5,000 cash left in my bank.