I am in the process of purchasing our first commercial property (retail/office) and want to setup proper structure for it.

The house was purchased for 203k, our remaining mortgage is 191k, and the current market estimate (although not an official appraisal) is 276k.Our goal is to accumulate properties through the BRRRR method, and as I see it, we have two avenues through which to do this:I can simply use the money in my account to BRRRR.I can pay off my rental property in Beaumont, TX, and utilize a HELOC to BRRRR.I know that most people will say that they never want to pay off a house due to the tenant paying it off for you, and the difference in percentage returns that you get based off of appreciation, tenant payoff, etc.

In order to avoid common pitfalls that can happen when buying wholesale properties, you need to have a proper exit strategy.

No eviction, she's moving voluntarily supposedly...I say supposedly because she hasn't given me proper notice.

And set it up properly so everyone is covered sufficiently.

I sent her an email officially and asked her to response with a suggestion in one week.Next day, she sent me an email and said her dog broke another piece again and she decided to get an electric collar to the dog.

A properly done rehab could increase value considerably and may open the door to a cash out refinance.

You won't be able to properly run credit reports, background checks, verify that the applicant is legit.

Zero way of giving a proper answer to this. 

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