when can i quit my job?? :)

[Jay Bee]

Ok, I am really hating my job and plan on leaving in the near future.  I am almost done with my first flip and have a contractor buddy of mine helping me with it now. He has lots of experience and has flipped over 50 homes.  We are doing a 60/40 split on this one. I will probably make 15k when this one goes on the market in the next 3weeks.  Along with the 15k made all I have is my 40k heloc loan and about 10k in savings to live off.  I would love to wait until I have another home secured to flip and then quit my 9-5 job so I actually have time to do the work on the flip and cut the profit to a 80/20 split this time.  I guess I'm looking for justification to quit my job and do this full time.  My family needs about 5k  a month to live off.