We still have both properties and are renting them both out - one is cash flowing, one is not.

Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.

@Indi Adon - why wouldn't you use one? 

They ruined one of my Jacksonville properties.

Any other issues with putting a metal roof over the existing one? 

One of my challenges might be that I'm still carrying undergrad and business school debt plus some credit card debt, so I'm still determining what financing might look like.

I do not currently own property in the US (I've heard that one way to do this is to take out a second mortgage on another property you already own).

Still researching, but one of the problems my boyfriend (currently deployed but stationed at Ft.

Future lesson is that if you ever decide to do another partnership ALWAYS, ALWAYS, ALWAYS have a partnership agreement that includes at least one, but 2-3 are better, exit strategies so you can avoid a repeat of this situation.

This is one of the biggest mistakes I observe.While terms are important, take the time to get to know what each banker has to offer, their capacity and how they can help you grow.