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).

Personally I would do the cosmetic improvements and sell it now while it is vacant.Since you have $150K in equity with a opportunity value of a minimum 10% return although you may be saving the mortgage interest amounting of $625 per month you are losing $1250/month based on opportunity value for a net loss of $625/month.

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.

My concern would be if you are new to flipping that you may under estimate expenses and that thin margin could turn into a loss. 

JD Martin you are right, my guess is they are only out a couple of thousand dollars between EMD and other fees, but for newbies who are just dipping in, the loss is a burn.

First time I tried it, I put my own capital in to fix up house to be reimbursed from seller.