I'd say we have at least $360,000 in equity in it as I write this (based on estimates from Zillow, Redfin & realtor.com).While we're planning on increasing the rent for the next term if we keep the property, I'd like to learn how I could leverage this equity into substantially more monthly income with little to no out of pocket expense and no capital gains taxes.I have no experience with loans other than FHA or conventional on first or second homes, although I'm vaguely aware of alternative financing methods (asset loans, etc).Any advice on how to turn that equity into substantially more monthly income?

Hey @Rosston Smith no one in their right mind would give up that 20k in equity for no reason.

although this property may ultimately be 1031'd, the split in equity in the house between my wife and her parents makes the sale quite messy. we feel like we need to divvy up the proceeds in a manner where we would have to assume the tax bill since legislation can always change and the 1031 benefits and step up in basis at death isnt always guaranteed.Thanks!

You have $100-250k in equity, around 35%, just losing you money by the minute. 

That would give you $15,000 in equity after the repair is complete.

I currently reside in my personal residence and I have about $170,000 in equity in the home and I have close to $40,000 in liquid assets. 

I'm almost out personal debt and have over $500k in equity and am ready to leverage into a warmer climate. 

We have no debt other than our house, which we owe 330K and it's worth 730K+ (about 400K in equity).

Hi all, I have a duplex which has about 250k in equity, and based on the 70% rule I have more than enough to use a cash out refi- and pay cash for a rental property.

I estimate the ARV at about $320,000, which was about $72,000 in equity capture.