If you're going to finance a property 100%, you definitely want to have built-in equity to protect you in case the market takes a dip.

Therefore we're essentially locking up $45k for about $10k or so in equity.

You have over $90,000 in equity in a duplex so why aren't you producing a strong cash-flow?

Give the owner $5K to do the deal...as long as there is $50K or more in equity then you can get a nice payday in 60-90 days or so!

. $100k in equity on my market value $250k personal residence.

I left $15k of my own money in the project so that gives a 26% cash on cash return and I estimate the property to be worth $175k, so I have about $50k in equity.  

If you want 10k/month PASSIVE (NOT actively running a real estate biz) then you'll need to grow about another 700k in equity (1,000,000 of equity x 12%ROI = 120k annual). 

I've focused more on the former for a nice combination of cash flow and instant built-in equity when complete.

Not to mention the $50k in equity/wealth you'd lose.The other option though (if you don't have a mortgage on it, or at least have a ton of equity) would be to sell it and use the cash as down payments to buy 2-3+ other, less expensive properties.

I have about 1.65M in debt 1M in equity spread out over 31 doors.