Paying off the high-interest cards certainly, make sense.  

A multi plex wins hands down every time over a SFH.

They will lose money on the mortgage for a mere opportunity to pitch you on their asset/wealth management, and also their car loan, and also their checking account, and also their savings account, and also credit cards and debit cards, and so on... that's what cross-selling is and how it works.

Fix and Flip...Fix and Hold....BRRRR...etcHow were the costs of the repairs determinedDo you have the funds to start the project and make it to through the first draw (if the loan is setup that way)Things that make the lender feel better What is your net worthWill you be the general contractor or will you hire oneIf your credit score is low, do you have bankruptciesWhat is the expected time frame to finish the renovationsRemember in hard money lending we feel that each deal should be a win-win-win, so we want to do the deal to help you get started on your project and help our lenders make money.

According to software made by nerds who have attempted to reverse engineer the mortgage-specific FICO algorithm, no a maxed out HELOC doesn't hurt you the way a maxed out credit card does. 

@Kaleb HenryAdd to the fact there is also a Conventional option called Home Possible where you can do 3% down on a 1-unit or 5% down on a 2-4 unit.So if you are looking at multifamily homes, if you play your cards right, you can buy up to 12 units with 5% down, 3.5% down, and 0 down, all within slightly over 2 years (since you have to live in each for a year).And if you are working with the right loan officer and realtor, they can help you with how to use seller credits together with those low down payments to get you into these properties with very little out of pocket.TYFYS and best of luck!

I, personally, would like to grow my business and at the point I am at, I basically need to start a property management company to accomplish this.Seems like a win-win scenario if properly structured.Any input would be greatly appreciated.

I tried to get a hard-money loans but they messed up my credit and still did not approve me (just created a ton of credit cards and opened them for me).

Use online bill pay (from your business account), pay with a business credit card, or send them a check (from the business account.)

AvenueWest not only has 20 years of corporate accounts that pay higher rental rates, they process all the credit cards, background checks, cleaning, property management and offer 24 hour hospitality response for guest needs.