Need ideas on how to move forward.

[Paul Latendresse]

So about 8 years ago I purchased a duplex as my first property in Plainfield, IN. Bought it for 78,000 owe 65,000 on it now, and it rents 1600 a month. It is valued at around 170,000 currently. I just got out of a divorce, and it took all my liquid to keep her from the rental and my retirement. I’m just starting on getting my finances in order and hope to start saving soon, but all my cash is in assets. I’ve been analyzing deals and I’ve found some. One is about 275,000, but has a great cap rate. Looking at it the area is class c. Should I try, and Leverage equity to grow? Selling I don’t really want because my first property is in a great location and it generates great cash flow. I really want to build, but this market is very tough. I’ve even entertained looking out of state but that scares me.