Buying my second home

[Kindrell Hutchinson]

Hello BP World,

I am in the Central Florida area. I am currently thinking about purchasing my second property. I am deciding what are my best options. I purchased my first home (Condo) which I currently live in. I purchased my first home for $40k in 2013 and now it was officially appraised at $63K. I have about $15K in savings. I got approved for a HELOC of 80% of the home value but, its not enough for me to purchase what I am wishing to purchase (Multifamily 2-4 homes) to produce cash flow. What would you guys suggest? Here's what i thought about doing:

A. Taking out a Mortgage to purchase a multi-family 

B. Selling my current home for a cash out and using it to purchase a multi-family. 

C. Find a partner to invest (Least favorable option as it will minimize my cash flow)

Thanks,