But I'd suggest you hold off a bit on buying anything until you're a little more comfortable with coming up with estimates and ARV numbers - even moreso if its a flip.

Are you welcome as an owner and an investor and are you comfortable with the rules?

I went as far as to have my paycheck split to where I live off 1/2 my earnings with the other half going directly into my real estate account.It taught me to comfortably live on less and made payday more exciting.It's awesome to see young people so forward focused!

Depending on what that real threshold is, there may be alternatives with a first lien that might be more 'comfortable'.  

Thoughts are appreciated.FWIW - we would like to have another child sometime next year and daycare is not exactly cheap.

The MOST that I am seeing is 75% LTV and most banks are not comfortable with big cash outs. 

I was making minimum wage with my wife, and we were barely making ends meet (raising a child as well).  

I have become pretty comfortable with understanding how to serve our needs by managing real property from far away.

A mother's/father concern is something happening to their child/children.

Finally after feeling comfortable with all the forums and articles I've read, I'm ready.