Would taking out a small business loan make sense st this point?

If you lack the funds to flip any other way, go for it, but do understand it's not a business model for long term success. 

The IRS sees that as taxable income, even if you never physically touched the money.Now, the good news is you might be able to offset it as a business expense.

Congrats on submitting that offer and perusing Senior living, either for you or your client.I have been involved in the purchasing process for several senior living facilities, and work closely with a few people who operate RCFE, sober living, and similar types of properties.From what I have learned, the most important thing to keep in mind when purchasing RCFE properties, is that you are also purchasing a business.

With rates where they are, I'd expect you don't plan to be in the mortgage for more than 3–5 years (maybe less) depending on where the bond market goes. 

Construction is almost always tricky to understand the costs upfront because of the unknowns, also really dialing in your renovation plan before purchasing makes things simpler and quicker.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

If the loan officer asks you about your debts, you can ask clarifying questions such as are you asking for personal debts or business debts?

Real Estate is a belly to belly business.

Vacancy & Risk Management✅ Plan for at least 1-2 months of vacancy per year to avoid financial strain.✅ Understand eviction costs and legal processes in case of tenant issues.5.