However, be mindful of the Section 461 business loss limitation, which could restrict your ability to deduct excess losses in a given year, depending on how your rentals are reported.This post does not create a CPA-Client relationship.

Looking to get that cash back as soon as possible to use it to fund my business.

My business partner is able to issue IUL.

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

@Enrique Toledo-Perez As a realtor are you not allowed to open a wholesaling business? 

However, that was a fluke.Warranty companies are in the business of making money.

-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.

I would say my end goals would be some financial independence and also some business knowledge through transactions.

I wish you the best of luck building your business on another platform.