You should only be flipping a house when you have watched someone do it and feel comfortable and confident that you know everything you need to so you don't lose money.

If the deal has a comfortable DSCR and the underwriting makes sense, you should be golden.I definitely think it's worth finding the new property first, then put up your current building for sale to avoid the deadline jitters.It's also worth looking into agency debt for a larger MFR.

My credit is around 800, I have excellent equity in my other properties, and I have a comfortable salary ($100k give or take). 

They can be pretty profitable if you have a great team but I don't feel comfortable doing them there. in the B and A areas, it is truly slim pickings. 

Lots of threads on here about it and it really depends on you, your assets and how comfortable you are with your assets being in your name. 

@Will Fraser it’s just a matter of how comfortable you are maneuvering due on sale clause.

Before considering a coach, run your numbers (What % of your earnings are you comfortable forfeiting for some time while you begin to integrate the education from that coach into your business? 

Start off with learning as much you can that will make you feel comfortable actually taking action.

It’s usually either first months rent or half of, so if you plan for annual turnover that’s either 4.2 or 8.4% per month to account for For financing, even if they do seller financing you’ll be hard pressed to find someone who is comfortable with receiving nothing up front.

(I've thought of seller-financing which I will discuss with him on Sunday, HML's but don't understand them quite good enough to feel comfortable using them)Any ideas or suggestions are much appreciated!!