Where are you looking to invest and what are you looking to do? 

To whom this may concern, I am an investor looking to buy my second property.

When you start to do a lot of projects, 50% is a lot of money to go out when you are scaling, finding deals, and doing all the other footwork.

@Brent Richardson, welcome to BP and the forums.

Listen to your friend.

Projected expenses won't be enough.

I'm looking for somebody to correspond with.

Know that if you want to do a cash out refinance on a primary home, it will likely need a full 12 months of seasoning (holding time) before you will be allowed to close.

Brewerytown and East Passyunk could also be worth exploring.Big projects like Bellwether can boost neighborhoods, but they often take time to show results, so don’t count on them as a main factor.

With novations, I can offer closer to market value by selling to retail buyers, making it easier to get deals accepted.2.