You have a quarter million in equity that's a path to cash for your next seller.

I do know people that bought houses with cash back in 2010 or so and the values have almost doubled They rehabbed themselves so there was a bunch of built in equity down the road even if they did not cash flow that greatly.

I know I am joining this post a bit late but I just read an article about this and it says the SEC is about to give small investors the right to invest in equity crowdfunding.  

All three persons will receive title, together, in equal stares.There are different ways to hold title.

At the closing of your refinancing, the lender will send you $116k and you effectively have $29k in equity in the property but only $3k of your own cash is still invested in the property ($119k of cash for purchase, closing and rehab) less $116k cash received at refi closing. 

Numbers look a little better given the additional 20k in equity.

I'm considering my options, as I sit on close to 1.4 mil in equity currently. 

I am very interested in getting into REI, i currently have about 40k cash, plus another 70k or so in equity in my condo(can i leverage that to purchase?)

After repairs i would like 10k in equity, that is why i am offering 70% of value.  

You sell a $500k house with $250k in equity.