Hello, everyone - After lurking for months, am finally here!

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Hello,
I found this site several months ago and absolutely love it! I've now decided to become an active member.

A bit about myself - own my own home in Greenwich, CT. Recently rehabbed it from "slum" on the block - it's on the market now. Although it's a tough time to sell, it's been a good "laboratory" for me to test my skills, since there has been ZERO market appreciation since I bought 20 months ago. My sweat equity and wise spending on materials/labor has led RE broker to expect it to sell for 30% profit after investment/broker/taxes, etc. (should clear $200K)

I have excellent (800) credit score. When my current home sells (hopefull this Fall), I'll have funds to purchase another fixer-upper and have enough left $$ for rehab.

I absolutely loved doing my rehab (did as much as possible myself) and can't wait to do my next. I work full time, but would like to cut that back to 1/2 time, so I could do two rehabs at once.

Ideally, I would like to be working on two houses at once - the one I'll live in and another house. Question - if I can find the funds for another downpayment (will be tough!), will a lender give me a loan to purchase a 2nd property to rehab and flip? In this part of the country, homes are not inexpensive. Fixer uppers start at $500-700K.

I'll easily qualify for the mortgage for my next home, but can't imagine that a lender would give me another $600K mortgage! But again, I'm a newbie and am unfamilar with any loans besides the fairly traditional home mortgages.

Thoughts? Advice?

Thanks!!! Cindy