What to do with equity of 100k?

[John Reyes]

I currently have over 100k in equity on my current property. I’ve been thinking about doing a refinance to take that money as a down payment on a duplex(around my area are 250-300 which will have have a down payment of 50-60) which will create immediate cash flow. Is there any other suggestions my investor family would have to do with the money or am i on the right path?

Thank you for your time!