So yes I am a veteran Yes I was pre-approved by multiple lenders.

My father has multiple properties and is a general contractor, so this peeked my interest even more.  

I'm looking into current financing I can get with a local portfolio lender, but I can imagine very soon that I'll be wanting to manage multiple flips at the same time, but will run into the problem of not being able to get another loan personally. 

Hello, I have multiple rental properties (duplex).

Hello all,Been following Bigger Pockets for some time now, and decided it was time to make a profile and start getting more involved. 

Meetings may have speakers, involve evaluating a real estate deal, or the meeting may be touring a multifamily deal currently on the market or at a local real estate project of member investors.

The toughest part of this is structuring the deal so everyone involved wins.

depends on how involved you want to be.

You also have enough to buy low balance 2nd mortgages however that is only worthwhile if you have good risk tolerance, since things can easily go wrong on a single note (risk is spread by buying multiple notes).My first note was 16k, and I lost a ton of money.Second was 4.6k and made tonsThird was 2.3k and made 22k-ish profit4th was 7k and earns about 25% returnSo with 20k you can get into notes, but you have more risks.

My point is that there are multiple markets (just like any area) and it's key to know which one applies to the subject at hand.