Its all about YOUR risk vs. reward tolerance, and personal goals.I personally would say unless you have already amassed some equity and cash reserves sell now and go  do the same thing again then you will have $70k then again and have  $105k and so on...keep doing what you know how to do until you have enough cash reserves to get into the long term buy and hold game and can afford to weather any storm that may come along.Good luck.

I've educated myself with other niches so if you're interested in bringing what you know to the table maybe we can build together. 

I have been dabbling in real estate since 2004 and I am ready to up my game!

Hey All,I'm new at the flipping game and need advice on estimating rehab costs with REOs.  

If you're interested in purchasing your first property but you're worried about the bubble then you have 2 choices:Stay out of the game because you won't be able to sleep @ night, worrying about whether the property you just purchased is going to loose all it's value tomorrowDevelop a strategy to purchase distressed properties.  

I know the game well as this is not the only company that performs these deeds, but as I stated, their employees  are taught to use any of the forms of persuasion to sell the sucker (I mean customer).I hope you have not paid for anything yet, if you gave, get your money back now!!!

They're also going to want you to have skin in the game. 

(Traditional financing is off the table so its harder for them to sell)You may even find someone who is open to seller financing that way.

CREATE  a great deal, leave some equity on the table, advertise it right and the knowledgeable buyer will recognize a great deal and the buyers will come.If you do that, your buyers list will grow along with your cash flow ........I always say, "Buy Low, Sell Low and do it Often!"

Hey Shawn I'm pretty new to the real estate game too.