Commercial Loan Situation

[Manu Kaina IV]

This is a 6-plex deal I found, it’s rehabbed, fully rented, numbers make a lot of sense but I can’t get a loan... Everywhere I looked so far Commercial Loans that involve 5 units or more won’t even entertain the idea of a property less than a million?!

The property is in AZ, they’re asking $178k and with all the units being rented out it’s bringing in $3200... after mortgage, taxes, insurance, PM etc cash flow would be $1500 at least...

Question: WHAT OTHER WAYS CAN I FINANCE THIS DEAL?

Never done a hard money deal...

I could 1031 but there would be no guarantee the seller would hold the property long enough...

Personal loan and HELOC is a no go...

Just trying to get creative, any thoughts would be greatly appreciated! Thanks in advance