You have no more at risk than you do in your own home (where you probably have more equity.) or your own car (where you probably have more risk.) and we won’t talk about if you have a pool or a dog. 

Breaking news: events in and out of our control will affect real estate both positively and negatively.

@Sidney Johnson just make sure that your finances and relationship are in a good place to attack this from a position of strength.

We work hard to keep things positive and real estate-focused (no politics or religion).

Yes, you can do a refinance to tap some more of the equity on the property.

The key is ensuring the property can generate enough income to cover the payments and any renovations you plan.As for pulling out equity later, this depends on the agreement terms.

Equity vs Appreciation.  

I have high equity in my current duplex so planning on using that to fund down payment for the next property.  

Your background in commercial sales and already owning a rental in Manchester’s North End puts you in a great position to scale.

If I had to give up equity I would make sure it was a minority stake and I retained the majority.