Did she have less than $5k in equity?

I have $800k in equity right now but I have bad credit in my current situation.

Guys i have a question if i did the brrrr method all the way with the rent in the end..my question after i did the second mortgage of course... the equity i have in the property van i get Heloc on this or not ?

What is the best way to go about pulling from the $100k in equity in the first property for a down payment on the next property?

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

Due to the current high interest rates and prices, many investors are choosing to increase their down payment to ensure a positive cash flow even in the not so "nice" areas and plan to refinance in the future.

My intention is to establish positive communication with the current tenant while respecting their existing lease agreement, with no plans of requesting them to vacate.I would greatly appreciate any insights, suggestions, or advice you might have regarding reaching out to the tenant, drafting a letter, and managing this transition smoothly.Thank you in advance for your assistance.Best regards,

Then of course when we do come across one, live in it for a year minimum so that we can build equity on it, then cash out refi and buy another property in TX or NV to be used as a long term rental.

Or should I not even wait for that (eg the opportunity cost of my $200K now in equity could be spent elsewhere)?

Not positive on what real-estate path I want to take, just as long as it's profitable.