How to get my money back out of a duplex

[Justin Griest]

I’m seeking some advice on a duplex I bought last year. I’m trying to figure out how to get some money back out. I paid 30k cash, put 6k into it. It’s now worth 50k. Both sides are currently rented for $400 a side. It’s cash flowing nicely and is in an lower middle class area. I have a investor interested in it as either taking a mortgage on it or buying into it. Should I take a loan/mortgage from him at a certain percentage and buy another property or sell half to him and get 25k out of it and still own half? I am leaning towards selling half that way I can have someone to share expenses and still have most my equity. Let me know what you guys think is the better option. I plan do buy another rental with the money.