Does it depend on what your goals are, cash flow for renting or using equity to reinvest if selling?

But I also brought in a good number of private equity to balance so I did not have all my eggs in the bank basket..

The circumstances surrounding it aren't the greatest, as he was essentially screwed by his wife's sister after she agreed to use her credit to get them into a house that they paid down for $400K over 10 years, she didn't pay the down payment, or taxes an insurance, and now she is demanding more than half the $500K equity after saying multiple times in 10 years she wanted nothing in return.

Hi @Leighann Davis I run 2 private equity Reg D funds where we pool investor capital into distressed debt and essentially deploy OPM into assets for both of my companies benefit and our subscriber's benefit.

Hopefully you have enough equity in home to refi and keep payment low enough to cash flow as a rental for you.

On paper, I'm still about 20K from having 25% equity on the property. 

Or are you looking for value add opportunites where you can go in, put some sweat equity in and have instant equity and higher cashflow?

I currently own a fully paid off SFR that I am looking to take 70-80% of the equity out of to put as a down payment on a new property.

The other 20% could be looked at as more of an equity partnership, where my parents take 50% of the appreciation when we refinance??  

Is there equity or a tenant already in place?