in a few short years 1 property has produced over a $1/2 million in equity, thousands in cash flow, was leverage to buy another property which does the same and leverage to buy a small cash flowing business. 

Assuming you paid $430k, put down 10% ($43k) so have a loan balance around $387k and $100k in equity means it’s worth $487k.

Basically his premise is nothing makes money like money and that's what creates wealth inequality.I recommend this Econtalk podcast interview with him, the economist host does not back away from challenging him.http://www.econtalk.org/thomas-piketty-on-inequality-and-capital-in-the-21st-century/

@Sharon McCants If you are working with ~$235k in equity I probably wouldn't be buying 100k homes in Pittsburgh.

Second issue is that it would be really difficult to cash flow, while paying both notes, especially with one lender in second position (which would most likely have a higher rate, plus points to offset their risk.)Now if you got the property under contract for 75% of the market value, which means you would have built in equity, and willing to personally guarantee (full recourse) then yea it may work out.If it's a good enough deal then you could even bring in an equity partner. 50 percent of a great deal is better than 100% of no deal.Cheers! 

One option is I can cash out refi one property that has $400k in equity. 

I will also have about 450k in equity.

I will buy value add from here on out so I can have some built in equity and good cash flow.

Unless you have millions in equity, I wouldn't even recommend considering it.

4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I have an LLC-I own 4 single family rentals-each has around 70k + in equity-all cash flow well -credit is 800+ with adequate income.