If you know exactly what you want & why you want it, then I would recommend to start looking at your chosen markets to start analyzing properties until you're comfortable with the amount of capital you have to start.Good Luck!!

If you, based on market indicators, believe that there will be appreciation then hold on however we all know that's a gambling mans game. 

Deja vu from 2005-2007..........Yes, you need to leverage your equity to keep moving forward....wont argue that....but to pull out ALL your equity to go buy more properties in a very high market, sounds like a huge gamble to me..... use the leverage....hell yes.....but using ALL of your equity is a huge ALL IN bet..... you better be able to back it up if there is a big correction......Guess I'm just a wimp.....hope you are right.......

That's just what he has chosen to do with his life. 

They are then faced with gambling that rates will stay low until they can refinance or sell the asset.So how do forward commitments work?

., anybody who thinks that Bitcoin is anything more than a gamble at this point is out of their mind.

Panels on the front of a house can be ugly, but it all depends on the style of the house and the layout that's chosen.

Kurt, what Ben is referring to is the way we've chosen to underwrite our deals.

Or you would be forced to sell at a greater loss than you now face.Although real estate investing at the best of times is high risk what you face with this property, in my opinion, is a 100% gamble.  

If so, then what about an escalation clause to beat the other offer by $1,000 or $2,000 up to a chosen max.