Do you have cash reserves for capital expenses and improvements? 

If the business sells (it’s currently listed), the rent payments would stop, but I’d still own the property as an asset.

Not really sure how to go about financing but we're planning on having a down payment at or slightly above $100,000 and don't want to pay more than $3100ish per month. 

It's now converted into a cash-flow positive long-term rental.

This will be negative cash flow if using sustained maintenance /cap ex.

Do you already have your next down payment ready and lender ready? 

Purchase price: $178,000 Cash invested: $10,000 primary home own use has an Airbnb/ short term rental 5 months out the year/sometime this year will try BRRRR

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.