We have the opportunity to buy 15 more using seller financing at 10% down with the rest amortized over 30 years at around 6%.

its gotten ridiculous running from home depot and occasionally lowes multiple times a day with my little sedan, especially when i need loads of drywall and pallets upon pallets of heavy ceramic tile.having spent virtually all my capital on the house and now the rest in materials, would be lucky to scratch up a few thousand to finally invest in the much needed pickup i've decided i really need to complete this job, before i go bankrupt. credit/auto loan aint an option cuz i recently maxed out my cards and have been settling them for less than full once they go to collections. i could not bring my truck with me from nyc months ago when i moved to the west coast and left it with my parents for them to use or sell. they sold it.what are some recommendations for a good used pickup truck suitable for a DIY flipper as well as a landscaper in socal. i've also turned down enuf landscape jobs already cuz i dont have a truck these days.help!

What if I spend the rest of the cash I have on hand to make the biggest “bang for my buck”, and instead of taking out credit cards, try and squeeze any equity out of it with a HELOC.

Don't know about the rest of it.  

I rest my case.

Mebane is growing fast but there's still some relatively inexpensive properties to be had out there in comparison with the rest of the Triangle.

If you think first in terms of value, the rest should follow.  

I plan to let my credit rest for 8-10 months and then get a mortgage for properties.

I can save money from my job and I plan on saving all of the income that we generate from these units until we have about $10K saved up for emergencies, and then the rest would go towards another rental.I was thinking the same thing, in the beginning it won't be a problem to manage them ourselves but when we get too many units eventually we would probably want to hire a management company.

But now is the time to get ready for the next crisis ;) We meet up at least once a month in SF, so come out and say hi to the rest of the Bay Area investing crew (next on March 19th).