@Danny McGreevy as @Devin Peterson said ther is no real savings by dong both loans at one time. 

You hit the nail on the head.We have had some appraisals come in less than what we had in the deal lolRidiculous...Common practice by these "ding dong" appraisers is to use foreclosed comps.It just doesn't make sense using a foreclosed crappy property as a comparable to a fully renovated/tenanted one.It completely kills the value.We always tell our investors looking to refinance that if it doesn't appraise for our asking price, don't blame us lolOtherwise, we won't be able to sell to you.Thanks 

Well actually I have not pulled a comp in years, ( I know the values) What is "everything your dong between closing " There is nothing to do.

Big Cong!

Obviously, if we were dong a live-in flip or house hack, that would require more time. 

All you insist on dong is attempting to prove others wrong.

Originally posted by J Scott:If you want to go into more detail about your situation, goals and investments, perhaps we can help you figure out the right metrics, but to assume that what works for others will work for you is probably a bad assumption.I agree...I just wanted to get a better sense for what others are dong.

Yes, that can work with the right two people, it is not a guaranteed formula, but a good chance of success.As far as your original question, dong a larger number of smaller values flips does not mean you have reduced risk, all you have done for sure is diversified into a larger number of projects.To mitigate risk, you must buy correctly to allow for enough spread.

Either way, you must build a relationship sith such people (asset managers, top REO brokers) and that is not easy, it takes time, and it takes a specific ability to know exactly what you are dong, what you are saying, and an ability to prove your abilities - usually by showing previous transactions, real bank statements (POF's), etc.I have purchased many REO properties in my day and a very large majority of them came to be prior to any MLS listing, some were still occupied by the previous home owner and others were already vacant.

Being that the property is a lot and that I don't have any experience dong spec builds complicates things.