Your mileage may vary depending on your assumptions on expenses, capital reserves, etc. 

That for me would include capital expenditures.

For me, I am trying to minimize risk by saving some of my cash for operating capital. 

I have assets of my own, but what I lack is capital to purchase that first property.

Yes, I’d like to start with some wholesaling and then work on getting capital together for a flip or two.

Also, with a C-corp you have the ability to raise capital more easily through sale of stock to shareholders (including public).

The difference in equity is a lot to you, but depending on how the capital structure of the lender looks, it's just not worth the extra work to maximize this deal.That said, why bother using commercial at all?

I have saved up enough capital for my first deal and I am working a full-time job.

We have funding available but also we like WLW Capital they are local and the source of money not a front man and they can usually fund in 2 days or so.

Best way to raise capital is private money but you need to develop a relationship first and show them deals that you partnered with your parents with.I wish I had started at your age.