Wait for flip profits or try other source to buy more?

[Anacita Overby]

I am a fairly new to real estate investing. I just listed my first flip property on the market a few days ago. In the meantime, I am looking for my next property. I have a little reserve left (~$15K). Should I be waiting until I sell my flip and using that capital, or would working with a HML with my current reserve be a good idea to try and purchase another property? My next move would be to obtain a rental property and use the BRRRR strategy. I am currently paying for the house I reside in and the flip property. I am wondering if juggling the expenses for a third property, being new with limited resources, is something I should try? I had some say to wait, but I'm also afraid of missing out on other good opportunities.