I have been following him for a month now.

The rental income from the first home will pay for the mortgage/monthly costs.  

there just aren’t many sold properties in the neighborhood in the last 3 months and even out to 6 months is limited.  

there just aren’t many sold properties in the neighborhood in the last 3 months and even out to 6 months is limited.

Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

Four months of arguing with different people and I finally got my $450 back.  

The payment is roughly $260 a month.

Wilmington on the first Thursday of the month from 6:30-8:30PM. ccreia.wildapricot.org (this website hasn't been updated to reflect the change)NCREIA also meets monthly in Wilmington https://www.ncreia.com/Events.aspx?

I can sell and get ~$93k of that value add (using 7% selling costs) or I can hold and in 8 months have less of the value add present after accounting for the negative cash flow ($92k and decreasing monthly).My last two planned BRRRRs I never did the refi and one has over a $1m equity position.  

Right now I own a duplex, I live in one unit and rent the other for $1400 per month.