., Atlanta, GA 303102 bedrooms, 2 bath, 1370 sq. ft.Projected ARV $240,000Sale Price $192,000 (80%)Built-in Equity: $48,000 (20%)Investment: $5,000Rehab Costs: $33,000 (done before final sale)3 comps were done: $240K, $245K, $239.9KThe key here is that appreciation will go up due to the constant investment in the same neighborhood by Blue Moon (and others).

I brought in equity partners and one had strong w2 income.

When you have 3-4 rentals under your belt or $1 million in equity, then you can pay a little more attention to protecting your assets.An LLC is useful for two things: anonymity and legal protection.

I do have about 600k in equity locked up across 3 properties right now (1 primary, 2 investment properties) and I am just looking for the best and most price effective way to tap into that equity.

And his investor client will be able to pull all of his money out leaving only 20% in equity (BRRR method). 

I want to cash-out refinance the Duplex for $350,000 and take out $250,000 (leaving $100,000 in equity) to use in purchasing another personal SFR (second home to become primary) priced at $400,000 using remaining funds after paying off previous mortgage in the amount of $110,000 ($250,000 cash-out - $140,000 previous mortgage) as the down payment and later rent out side A.

From there it is up to you to figure out whether the $, time, opportunity cost and learning experience makes this the right opportunity for you.If you get involved in a partnership like this where you have equity, especially where the majority of your compensation is tied up in equity, you HAVE to know what the majority owner's plans are, you have to be in sync and you have to believe that it will work.

Both were short sales and I immediately gained about $60K in equity and am netting about $700/month in cash flow, after reserves.

Here's an example:You have a $100K property with $50K in equity that generates an annual net income of $5K. 

Most people who are buying turn key's know that they are not getting a lot of built in equity.