So it’s been 3 years since I brought my first duplex @415k its now build up equity and is worth over 540k so I have equity in it a refinance doesn’t make sense because I’m locked in at a low rate but I do t want to wait until rates drop to get back in the market I’m wondering should I tap into that equity via private money heloc and use about 30-50k to get into a flip deal the lender is giving 2 years to pay back the heloc !

Since you were basically tapped out at purchase, how did you finance your rehabs? 

I partnered on a Fourplex and was totally tapped.

Curious to hear your thoughts as we want to start tapping into our home to get us further along on the real estate journey just unsure where to start.

But hey, it's an option and a pretty darn good one if you need to tap equity with a 30 year fixed term. 

Then I would tap into your network and get really comfortable networking with new individuals.

as said before you can tap it year 1 i say at least wait two year ....or 5yrs  if you can ***PLEASE NOTE I HAVE NOT PROOF READ ANY OF THIS STUFF, Im too lazy for all that and no one is paying me for this anyway***Once again I am not trying to sell you anything , personally i dont give a damn what you do..I do it!

We know we can somehow “tap” that equity to invest but it hasn’t clicked for us how to best do so.

Another option is to have a HELOC on your primary as your spare safety, where if you need emergency funding you can tap them and pay off later.

Hey @Wojciech Grajewski - You may want to consider an FHA loan so you wouldn't have to tap into any of the equity in your current home.