Nice built-in equity, and I think good additional appreciation prospects with higher rents in the future..E Oakland Fixer:GRM: ~7XCap: ~8-9%CF: ~10% (leveraged)

So I own a property that has say 400k in equity and it's throwing off nice cash flow.

Our goal is to buy a larger building in a few years 24-40ish units.  50k in equity isnt enough for that right now, but its on a 20 year mortgage, and in 5 years, we could have nearly double that in equity, and we could afford the large building.  

My initial thoughts were to go to my credit union and refi my existing property which has about $70k in equity and roll the $27k in consumer debt into a new mortgage.

I have about 80k in equity in my current home and may tap into that possible to purchase some more properties but was curious if there were any other programs out there where I can get by with putting less than 20% down.

I can understand being ok with not having built in equity but turn keys are supposed to cash flow.

We have approximately $600k in equity across the properties.

Without going into too much detail, I hope to get at least $20k in equity because I won't bid any higher than that margin and that leaves some wiggle room for rehab costs (which appear to be minimal because I've seen interior photos).

When I started buying, I needed to purchase SFH 20-30% under market value (built in equity), my experience has been that turn keys are typically at full list.

They have half a million in equity in the thing.