Trying to find a way to finance my next house

[Youdo Thirakul]

I'm house hacking a triplex right now and owe 280k, I can reno it for 20k to force the appreciation up to 370k-390k, am i able to refinance it or take a equity loan or something so i can buy another property?  Do i need a good credit and a w2, because I don't have any of that.  I just started working with my dad part time n he just pays me cash at the moment.  I know i can ask friends and family for a private loan but the property in Alaska is so expensive, even if its a deal, that i would still need over 70k to buy another property cash.  Any suggestions? please and thank you.  

[Andrew Postell]

@Youdo Thirakul since this is a triplex we are speaking on you will be limited to 75% of the value of the home.  At $390k that means $292,000 loan amount.  The right advice here is the keep the $20k that you have currently and use it to buy another property.