Don't let it stop you from investing in the future. in the meantime, how much personal cash flow do you have to pay the mortgages?

But yes, I have some tenants that I've had for 8+ years now and I've had to raise their rents twice to near market because...as I told them...insurance and taxes have gone up, and the property operates at a loss, it's a business and I must raise rents to stay afloat. 

My personal assessment of the overall economic risks has hit a tipping point.  

I was told I cannot do a conventional CASH OUT refinance once I lease it to an operator of RAL since lenders do not lend if you run a business in your house.

That I can set up for a personal goal.

I'm willing to leave the property empty for a year to take advantage of owner occupied loans, if that's possible.Here are my estimates..Property: 1,355 sq ft, | 3br 2bath | 8,500 sq ft lotComps / ARV: 500-560k ~ 530kTotal Needed: 340-400k ~370kSale Price: 270-310k ~ 290kRenovations: 70-90k ~ 80kSevere cleaning needed (doing myself)Severe landscaping needed, it's a jungleI'd like to maximize potential value and be at the top of in-area comps, so would like to do a full gutCash on hand: 20k - 30k------------I'm considering,- Seller financing + separate renovation loan- FHA 203K (BRRR)- Fannie Mae Homestyle Renovation (if down payment is below 5%) (BRRR)------------Seller Financing + Separate Renovation LoanPros:Low down payment (via seller willingness) <= 3%Low interest rate (via seller willingness) <= 3%Cons:I'm unaware of how I can finance rehab without a personal loanMust cash-out refinance to obtain equity, conventional loan rate will not be as good------------FHA 203KPros:Low down paymentBundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------Fannie Mae Homestyle RenovationPros:Bundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------I may be totally off on what would be optimal here but wanted to provide my current thoughts.

They can provide personalized advice based on current tax laws and your individual circumstances.Please feel free to reach out to me directly if you need!

I have been deepening my knowledge on investing as well as working with Investors, I'm excited to see how BP helps me as well as my business grow!

I heard they are scamming people, but never dealt with them personally

This is not about the money it has become about taking control of the business.