Keep the fire burning and pursue your goals in life.

If they're fairly comparable, it'll typically be a good investment for you personally to purchase a home, as you will be paying into equity every month, as opposed to burning cash.

That way you're not burning the ships.Also, I think flipping to "generate cash" will be very, very tough. 

I'm having a heck of a time just getting the code department to do their job on a flip, and it's burning some major pocket holes. 

having to invest  100%  of a deal  to make it  cahs flow isnt a wise  idea  ( unless you have  money to burn)

I'm sure there is some "don't do that, you'll get burned" opinion, and I understand, but I'm blessed to be able to do this, and I want to help them out so they have the best chance of having a half-decent interest rate should rates go up another 2-3% in the next 10-12 months. 

Fat thumbs I guess!!!

Obviously lenders make most of their money off specific deep relationships (bigger flippers) than one off deals, however you can also imagine if a single operator gets burned out or is showing signs of being behind or giving excuses for other jobs (bad contractors, other delays), that they may want to risk their exposure because probably ALL or almost all of the 7-10 projects go south.

We paid off our home mortgage of 3.75% but so we could put a fat 1st Heloc on it and buy rentals quickly with cash at a discount.What's the plan when you pay it off?

Without knowing answers to those questions, if you can qualify for a refi that gets you close to breakeven, and you feel your market is healthy enough to appreciate to your original pro forma or better before you'd burn $60K then I'd just rent it out LTR. extra note: Each dollar of the $60K loss today worth more than each dollar of the cashflow loss in future years provided you obtain fixed financing until sale.