My goal for 2017 is to go from $0 to $500,000 in equity.

House has about 60k in equity already.I want to get into buy and hold rentals in New Brunswick and/or Morristown.

Currently with your $300 cash flow and the $90K in equity you are getting a flat 4% return on that money.

. $2500/mo social security also(68 years old)Anyways if anyone local can help out, this wasn't really something I was planning on doing, but adding the 2nd lot to our home aside from the $600k price adds probably an additional $100k+ in equity just on the basis of a rare double lot in the best part of town.

But one can be successful as operating partner in these scenarios only after much education, knowledge and experience.If you have $20k to invest and little expertise, you can own 100% of a property that has $20k in equity.

Some have more than $1 million in equity while others have less.4.

@Reed RickenbachThank you, I am just trying to find ways to tap on that built in equity without having to sell or refinance, looks like a better approach would be to invest using liquid cash and have heloc as a buffer for any emergency

This despite much larger gains in equity then others with high negative equity.

If you are able to increase the NOI of the building by 10K a year, you just created more than 160k in equity in your property.

Hey guys, quick question for ya..A relative is letting a home with 450k in equity go to a tax sale this coming April.