It’s also a great strategy for consolidating debt or accessing additional capital for growth.However, be mindful of potential prepayment penalties and how they weigh against long-term savings.

I used to think that the “big difference” , The “great divide” in investments was between equity and debt.  

. 💪 As for next steps, I'd focus on stabilizing your cash flow first, especially with the credit card debt situation.

If it's mostly fully occupied you can get a full-doc commercial loan as long as it debt covers.

What sort of debt does it have. 

Eliminate debt, establish a budget, and save.

@Bradley Kirschbaum Not so much debt to income (as far as I know).

Just contact a collections agency and send them proof of the debt owed (could be the signed lease agreement or a judgement if you have one).

I have amazing credit (760) and zero debt and I purchased 2 homes this way.

But ultimately all tenants leave, all debt comes due, and you're going to need to backfill it, so who is that, what pool of tenants could you consider?