Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.

Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.

The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊 Wow!

Or you'll have to do really costly renovations with proper permitting-- i.e take a 3/1 to a 4/3 to a neighborhood that seeks such size. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

A tax advisor can help with deductions and proper reporting.

Can I just try to cancel the card?

Proper documentation ensures you’re prepared to substantiate your claims.Federal REP or STR material participation allows you to deduct rental losses against active income, significantly reducing your tax liability.

So, there must be a way to do this properly, as they must be doing it.