Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.

.   -- is this the right time to have cash ready for deals ?                      

With 40-60K in equity you could explore selling to reinvest but it depends on what deals are out there compared to yours

This will help narrow down your search and making sure you find the best deal!

When you have a real state license you have access to MlS and  that gives you the opportunity to see possible deals before those who don't have access.

I personally invest my gains in more deals and pull cash out as needed.

The seller had attempted to buy me out of the deal but ultimately realized they had no legal grounds to back out.

If you go the rehab route, you can refinance when finished with the work into a DSCR loan to get all/most of you initial investment back if you found a good deal.

I pull pretty solid lists, I find a lot of my deals off market, just thought I could reach more if I have a few full time callers on the phones.While i'm at it, how are you guys finding good deals in today's world?

Still, WIP lost huge in that deal.