@Elia S.You are going to have a really hard time finding any banks or commercial lenders doing a non-recourse loan product on a loan amount that small.

An order of work as far as budgets, expected work an time lines.

I'm interested in fix and flips and owning rental property (multifamily), then transitioning to commercial property down the line.

However, everything else about this property lines up very well, and I want to pull the trigger or move on asap, since I've already analyzed it forwards and backwards.Here are the details:625k PPcurrent monthly income $5,600, annual income after expenses (utilities, taxes, maintenance, repairs) is 46k, which would cash flow after debt service, but not a ton.However.

I wouldn’t really ask what is the best way to invest, but more along the lines of what is the best way to invest that fits you.

Don't sell your home, just get a Home Equity Line of Credit (HELOC).

Long time lurker first time poster...I've started noticing more and more varieties of a flooring product as of late called Engineered Vinyl Plank. 

It would be much more productive to study and get your real estate license, work finding deals for people etc.

I believe there are way's to transfer a property from your personal name into an LLC down the line if need be.

Start your prescreening and have a few prescreened applicants lined up for a showing the day after you close.