Becoming un Frozen (going from hold to flip )

[Steven Maduro]

I am not referring to trying to refrain from watching Disney DVDs

I am talking about taking adopting a different mindset when it comes to investing.

I am a relatively new investor but no longer a rookie

I have been renting properties since 2011

I currently have five tenants and my business is doing alright.

Because I purchased during the bubble bust I ended up getting all cash purchases so I have never had to get a mortgage

This is great for my income and stability picture but bad for having experience borrowing money.

Last year I lost a deal because of this inexperience.

I want to try something new this coming year.  I want to sell one property use the proceeds to find and fix and flip a property

My hope is that in two years I can manage to do enough flips to make six figure profits

I have some experience doing remodels and renovations as I have had to do this to make apartments and houses tenant ready.

I also have experience designing for an upscale look since most of my renovations have been hgtv worthy

My question is how do I lessen that learning curve. Of course I will make errors but how do I minimize the downside and maximize the upside

What folks books videos are recommended to start this journey