My Investment Situation

[Frank Geneski]

Hi, I just recently joined this forum and obviously looking to get all the knowledge, advice, criticism, mentoring, coaching.. etc. I can possibly get. I am going to let everyone know my current situation and see what kind of advice I can get from all the experienced investors on here :)

I currently have two duplex's and thinking of selling both of them to buy a bigger property, say a 4,5, or 6 plex. After selling those properties I will have $250K in cash to play with.

I am also in the process of getting a HELOC on my primary residence for around $250K. With this money I have plans on flipping properties.

I have managed the duplex's myself for the last 5 years. I currently have my own contracting company and just got my Realtor's licence. I am planning on being a full-time RE investor.

Thoughts on my situation and what would be your strategy for growing my RE portfolio? Thanks you!