Spreading yourself thin when getting started

[Kevin Stearns]

I just found this website and have been amazed at all of the knowledge flying around. I don't really know what I am doing but I am working on that everyday. I am a new to all of this investing stuff but think I made some good decisions. Our first house was an FHA owner occupied 4plex. On my time off from the drilling rig over the last 2 years I have completely renovated it and finished basements on all the units but 1.Which is currently under construction. I refinanced and have 2 additional 4 plexes pending now. I should close on any day. They cash flow very nicely and where sold under value. I only have reserves in our retirement plans and about 10k in cash left. I found a guy about to lose a house (not completely finished) my realtor thinks would sell for over $600,000. It is in not finished. It has everything but drywall, cabinets and interior finishes. It needs about 50k in materials. The seller threw out a price of $230,000 but I know he would let it go for much less. I have 2 loans pending so I don't want to talk my lender yet. I want to finish it myself. Move in refi and buy more rental properties. Problem is I am spreading myself to thin and I have not figured out a way to finance this great investment and I worry I have not built up enough in reserves for my current 3 properties. Am I off my rocker. Can I find a lender? Any advice please and thank you.