Adding to rental portfolio / BRRRR?

[Jordon Milford]

Looking for opinions/brainstorm ideas on what my next step should be.

Quick backstory; my first ownership was "house hacking" a duplex for a year (fha), purchased a SF for 9 years, sold my SF last year and purchased a patio home dirt cheap at 45k, invested 35k into remodel.

Currently own the duplex with a 90k mortgage and worth around 200-210k and the SF patio home as my current primary with a 40k mortgage, worth around 220k.

I haven't paid a lot of attention to real estate over the last 9 years, which was a huge mistake looking back and I need to freshen up on some of the research I did 9 years ago when purchasing my duplex.

I figured I'd start here with opinions and work backwards. What would be your next move to acquire more property/ increase wealth? Cash out refinance? New mortgage? BRRRR method?

[Bryan Balducki]

@Jordon Milford with that kind of equity, personally, I would pull that money out and reinvest it in a cash flowing asset. This could also lower your risk of a lawsuit on either property. Make sure you are legally protected and I am not an attorney so this is not legal advice. That cash can do more for you by being reinvested, assuming it is the right investment. Crunch the numbers and see what makes the most sense to you. Hope that helps with your brainstorming!