That is great long term in my eyes.Rent Variance - Income inequality is super real in ATL.

I help them make a sound decision of the location, rent potential and growth in equity.

My property has increased in market value since my purchase, so I'd like to take the equity out of the house to reinvest in my next property, but I want to make sure it makes sense...given that I'd be paying the same interest rate, or maybe even a little bit higher interest rate.Original Purchase value: $225,000 Original investment: $30,000Current Market Value: Around $260-265kCurrent Mortgage: $184,000, 3.875%, 26-years remaining, P&I = $928Current Cash Flow on rental: $500/monthMy question is, should I refinance to roll 20-25k in equity out?

(People love deals)You have just forced $45,000 in equity.

By the way, that's 50% ROI right there- cash flow $60.000 per year or roughly $300.000 in five years - without a rent increase- with 3% appreciation and principal pay down you reach $1.1M in equity in year 5 (from 400k down)Before someone shoots me here - these numbers are very rough and just to illustrate the principal - play with the BP calculator for details. 

But you need to reconsider what you're trying to do if $97/month to access the millions in equity you need to make millions in proft you want is too pricey for you.My only other advice is to get out there and start networking.

I have a pretty significant amount in equity/debt investments for a graduate student.  

Long story short I ended up closing on this house for as little as $5,000 outta pocket, with no experience and having the house appraised over $200,000 with a little over $45,000 in equity.  

We are at a point that we would make around $5,000 per year in equity and $5,000 in depreciation.

Maybe you are making enough in equity amd appreciation to make it worth it.