I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.

Going to use equity from home to purchase next property. 

I purchased my first rental property and it needed a complete renovation.

Hi BP community,I am a new BP investor looking to grow with like minded investors to grow real estate portfolios using various strategies in any upcoming markets.I currently have no properties and live in the San Francisco Bay area.What would be the best strategies to use to grow a manageable portfolio of SFH and Small Multifamily?

Example if a house is forclosured on $350,000 but the value of the property  has a potential  of $800,000 to $900,000 depending on comps the the property would start the Auction sell not on what's delinquent but at 67% of value.

@Joshua TellesDepends on the interest rate you can get and the equity you have.If your rates on your existing properties are lower than today’s rates then it does not make sense to refinance for higher rate debt.

She’s for real estate (I think market is over inflated) but in the past we use it for rainy day fund vs holding $ for repairs as well as acquiring property via cash to rehab and sell.Regarding equity shares I would read the fine print as from what I have read you basically are selling your sole to those companies for a small payout to start but giving up a ton of equity

Ideally, we'd love to find a duplex or multi-family property with the potential to live in and rent out.

Can you provide more details on what the property is like?

I've currently got 2 multifamily properties here with 5 total units -- I live in 1 of them.It's been extremely difficult to find multifamily properties that meet the criteria that I'm looking for through the MLS, and when I do, they're extremely overpriced.