I'm looking forward to sharing the knowledge I have and learning different sides of the industry such as buy and hold investing and house hacking from the great community here!  

What types of homes are you looking for in the North Carolina area and are you looking for flips or "buy and hold".Donnell Suares

Learning where I'm wrong will ensure I find success when I get started. 1.Purchasing Plan + Time Frame (10 year plan)a.Year Onei.Purchase Quadplex1.Owner-Occupiedii.Roughly 20191.Greatly depends on Savings Plan successb.Year Two - Fivei.Purchase Quadplex1.Refinance Year One Purchasea.Cash Out to buy Year Two Quadplexii.Rinse, Repeat Strategy of Refinancing1.By Year Five own 5 Quadplexes (20 units)c.Year Six - Teni.Purchase 2 Quadplexes per Year1.Refinance Strategy2.Earned Income from Workinga.Only if necessary to stay on paceii.Results in 15 Quadplexes1.60 unitsa.Rent Each at $750i.Gross - 45,000/monthii.Gross - 540,000/yearEven if I pare down to 1 property a year through Years 6-10 that would result in 40 units40x750x12 = 360,000/yr Gross Income.

Buy and hold what I am also looking for  

I am currently looking at investing in New Jersey to buy and hold.

I would try to get an actually mortgage if you plan on holding the home.

@Dan Robinson 1031 exchange is only available for properties it is your intent to hold for productive use in business trade or for investment.  

I am looking to get into to wholesale/assignment deals, house flipping, and would like to move into holding properties for cash flow. 

Your lender is giving you an opportunity you wouldn't have otherwise (to buy, rehab, rent, refinance and repeat) and in this instance, looks like a fair (even low) price.  

Do you want to buy and hold, flip, etc?