So if you have $245k in equity and your return is $32k per year that's a 13% Return On Equity.

You cashflow, pick up instant equity at the buy and force in equity.

Given this constraint, I believe that bringing in a local partner with shared interests in equity from now on, profits, and losses could be a mutually beneficial arrangement.

If you repeat at year 5, you’ll have a million in equity by year ten. 

You made $373k in equity gains in one year without much work. 

My question is, when you find something like this, and you don't have the funding ability(I work at a school and have TRS not a 401k, so I cannot take a loan out against it, nor do I have 20% down, but I have about 60k in equity in my home, but the lenders I have talked to will not do a HELOC in my state, point is I can flip, but not buy and hold with my own financing) and you need a partner on the deal, how do you protect yourself from telling them about the property and them just taking it?  

So if it's a home worth 100k, and you got a mortgage on it, they give you 80k, you have 20k in equity, and you pay them back the 80k over then next 30 years, with interest.

We have $130k in equity in the house, and as I said, we're saving for the rest. 

It's also never been vacant (it's probably under-rented, but I didn't know any better at the time) and we have around $40,000 in equity in it, plus the cashflow we've made during the rental period, along with the lown-paydown, etc.

I have about 3k in Stocks I could sell to help pay for this place and I have about 10k in equity in my house I could use if I absolutely needed to.