In my current market I believe I got 40k in equity off the top.

Say your doing a wholesale deal and let's say a lead has about $150,000 in equity and has a principal balance on the property of $100,000.

@Jonathan Soto I think I have about $45k in equity in 1 rental, maybe $20k in another and my current residence has about $60k in equity

The only reason I think it works for our existing house is we leave 150k in equity and keep the piti lower.What I’m hearing is $400 positive is likely at best a break even.

Sometimes you need to hear it from someone else.I have a call scheduled with the multifamily PM next week to see what options I have.I’ve been aggressively stashing much of our income away in tax deferred accounts, and in equity investments in the meantime.

You have a track record of closing on deals, so when having conversations with brokers, definitely bring that up.Here are a few other tips for winning over a commercial broker:Pay them a consulting feeTake them out for coffeeVisit their recent sales and tell them what you do and don't like about the properties as it relates to your ideal investmentProvide them with information on how you will fund a dealConstant follow-up: whenever you perform a task that brings you closer to completing a dealOnce you know how much cash you will have ($225k or $675k), you can figure out the max purchase price you can handle by assuming you will need 30% to 35% of the total project costs in equity.

Once our home sale goes through, we’ll have approx $75k in equity to use.

In equation form, if: potential return x probability of gain >> cost of investment.For example, a deal that costs 10K that is associated with a 50% change to earn $100k is a great investment!

Either way, as long as the numbers work well and your bringing in equity and cash it can be a good investment.

If you have 260k in equity and it's only making you $500/month, that's a 2.3% cash on cash return.