Sell vs. Rent SFR flip Im upside down on?

[Charles Soper]

Flip gone wrong but I’m at the end and looking for options.

Bought a 3/2 about 11 months ago (HML expiring) and through a series of stupid tax lessons I've managed to get done but find myself at a crossroads.

If I sell it and pay off all the credit cards and my investor I take a loss of about $22k. If ai refi and rent it, best case I MIGHT get $200-$300 above monthly expenses, worst case I lose $100/month but won’t be able to get any cash out or pay off my credit cards and investor.

I’ve done a few single family flips and have other rentals so I’m not new to the process but I’m torn about taking the loss vs. holding long term.

Long term I’m counting on appreciation, rent growth, no major insurance or tax increases, or major repairs.

Selling I’m taking a right now loss and walk away with $20k to reinvest in whatever is next.

I know the answer is always “it depends” but I’m curious what others would do.

For reference the property is on a very populated island near Kennedy Space Center in Florida. SpaceX and other commercial space companies have and continue to move in and build so employment in the immediate area should be stable or growing to the foreseeable future.

[Cesar S.]

If hard money and credit cards are still outstanding, I’d personally lean toward selling. A $22k loss hurts, but carrying high-cost debt on a thin-margin rental can dig the hole deeper. Resetting, clearing expensive leverage, and redeploying into a stronger deal is often the cleaner long-term move. Those are my two cents.