Have you considered reaching out to other developers or property owners and combining your portfolios to raise a larger fund?

The kitchen area was very large as was the combined dining living room area.

@Mario Am That’s just not generally true...you can read a lot of crap information on the internet.  

However, if you are in are in a D class neighborhood it may be a tougher turnaround by dumping more capital into the property only to have the best piece of crap on the block.

If you were looking to combine OR and CA, or OR and MO, probably could still be done for a reasonable premium.  

Hopefully those projects will serve us well for our first flip.At this point, we have decided that combining flipping and rentals will allow me to contemplate leaving my day job sooner than retirement and to work for us instead.Good luck with your next one.

I was wondering if it would be possible to acquire both properties using a hard money lender, and then do a cash out refinance on both properties at once since technically it would be an $80,000 portfolio.Do you guys think banks would be willing to do a cash on refinance on two deals worth 80K combined?

Current rates for combine Property and Liability are $0.40 in Dayton OH and $0.50 in STL.So in Peter's example, he has a $0.50 rate. 

(Make about $70,000 combined including benefits)Have a personal home worth $181,000 and owe about $161,000.

It can combine and report business, rental, and personal info.