Using a rehab to refinance then using the refinance for a down payment.

[Ronnye L.]

Trying a different approach to help me get into owning commercial Properties. I want to kill two birds with one stone or three birds. 1. Buying a single-family home that could create enough value by rehab or by adding square feet 2. Getting experience through the rehab process to help me qualify for commercial financing 3. Using the refinance as a downpayment. It feels like this would be a creative approach to eliminate some of my goals. Has anyone tried something like this or something similar?