FHA requires a second appraisal for houses that are being sold between 91-180 days from the time the seller acquired the property and at 100% or more of the original purchase price.

I am really interested to see if there are investors out there who successfully use Auction.com to acquire investment properties. 

Either for guidance and/or to exchange deals- You also want to network with the various tradesmen you'll encounter with your projects, like contractors, home inspectors, title companies, investor friendly realtors, hard money lenders (especially until you gain access to private money).

I've got access to cash for emergency repair fund. 

I'm thinking of taking things to the next level and using some of my equity to acquire more units. 

I just received this info from a realtor and I have not done multi family yet but I do know it is accessed differently.    

Or do you mean that you have equity in your home that you need to access in some way to then use for down payments and closing costs?

These steps are the only access to a 2nd floor small 300-ish sqft apartment.

I don't understand what I am getting for my purchase of equity shares other than:1) no investor fees2) early access to loan offerings3) invites to shareholder events4) Groundfloor schwagSo are they wanted me to lend them money without offering any monetary return?

there's a 4plex near me in sacramento going for about 1mm. great cash flow play. newly renovated. u have access to the MLS?