If the Tenant Buyer refinances I get the "Back End Equity"h.

Ive never owned a property and I'm 18 and I dont know how to find a house with a good deal or equity.

Can I refi and take some of the new equity out?

What would be some creative ways to work this in my favor and cash in on this property with ease?

They didn't own the house for very long and didn't have much equity when they split up (about a year ago).

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Account ClosedSounds like a great idea Grayson.....I sued my VA Loan here in the SF Bay Area.....to purchase a duplex to house hack a couple of years ago.............eventually I will refinance out of it....when there is enough equity in it so that I still do not have a PMI......and then use it again.

If you could do that and tremendously increase your equity, raise rents you may be able to improve your cashflow and then take out some of the equity and go invest it elsewhere.It seems like you are sitting on a huge opportunity to develop some equity, just have to look at all the scenarios and see where you come out best.If you sell, while you may get some walking money and a nice profit, you are likely leaving a lot on the table for the new owner to capitalize on. 

The front door faces the back door of another house very close to the lot line.Average rent $400 per unitCurrently only 3 units rented (landlord had been clearing people out thinking the new landlord would want to get own tenants).Single owner who has pulled most of his equity out in loans.Was always asking $145k. 

I know it sounds like that is the thing to do but why do the bank favor when you can reinvest that needed money into more real estate!