If you have $3 million in equity on two properties and your trying to acquire another property, how do you best position yourself?

We have steady income in our day jobs and have savings in equity markets so we could tolerate a little bit of risk with loans, I thought.David: thank you so much for a crispy clear list of options and their corresponding yields!

You just created about 50,000 in equity.

Trump made his dough in real estate, Buffet in equities, Ted Turner made his first million in billboards, and so it goes.We are approaching some very turbulent times and opportunities will be abundant for the prepared.Best of luck and I hope you'll keep us posted!

I guess this is sub-optimal by some definitions, but it has worked very well for me over a number of years. 25% growth in equity is fairly common for us annually and I don't expect this to stop going forward.

Enough to cover all bills for most people.I spoke with one guy at that seminar who started about 3 years ago with $600K and now has $800K in equity while making about $70-80K/year.

When you factor in the built in equity, it's a no brainer.

Ideally this property will be purchased by someone wishing to live in it which means you will turn off about 70% of your buyer pool if you have a tenant in place with a lease.Additionally with $300K in equity valued at 10% it is costing you $2500/month to warrant having the equity sitting dead in the property.

I feel that even though I'm bringing in the money, the relationship is equitable.If your wife perceives you as working 15 hours a week looking at houses and talking shop with contractors, she probably does feel inequity. 

Great question @David Tipton,For the same incremental improvement in NOI, you get a much higher increase in equity in a low Cap environment vs a high cap environment.For example, a $50k NOI increase in a 3% area (Beverly Hills?)