These loans charge higher interest rates.The next level (maybe a next level) is private or hard money lending. 

I have rates no where near that level.  I

Sea level is rising and Norfolk is sinking.

Just remember your skill level. I

If you're doing it right, sure your debt level is increasing but your debt to income ratio should remain the same or improve if you are getting good cash flow. 

One issue I didn't foresee was that it seems like a lot of banks have a minimum loan amount and this house falls dangerously close to that level. I

I decided somewhere along the way to get in the car business & its worked for me, but to go next-level, I have to have a very different strategy (next level is being in business for myself, requiring more net worth than is possible making and spending 100K income).I had moved away a couple years back to reduce my commute & hated it, so a year or so ago, I moved back to my hometown & rented a condo.  

Comfort level is key.

I've got a son who's 25 and a local agent.It all depends on what you knowledge level is and if your a hustler.Do you know lots of people who will need you for their real estate needs?

Hi Rosie Giacosa That is a great question and I would say it depends on your comfort level. I