I'd be more than happy to grab coffee in the near future!

If you think you can grab the scale to move into full time flipping it can be a very fun and rewarding career. 

., if anyone is in the DC area and has advice on investing at a distance I'd love to connect and maybe grab a cup of coffee.

It's funny to see so many people bad-mouthing property managers only to learn they just grabbed the first one they could find or the one with the lowest advertised rates instead of doing their research.

They start with a house that generates 25K in revenue and their property manager is grabbing between 8-10K a year on each property. 

If you're local in the DC metro area, shoot me a message and let's grab coffee.

but on the surface it looks like you might be over leveraging yourself especially if you grab another 70K in debt to finance the down payment on a new home. 

They have compartments that keys will fit in and each compartment can be labeled, nice handles to grab and go.  

well what I would do is tell the seller the house needs 45k.. and since he holds the first you are improving his collateral therefore its safe for him to take a smaller down payment.Maybe offer to escrow the rehab funds so that if you say your going to rehab but don't he can go in and grab his 25k that is not coming to him in the form of down paymentlet him be in control of that 25k in some manner.. that may work.Its just like when I tie up development ground if I have a very cautious seller..

Currently out of the area til summer, but definitely need to grab coffee sometime!