Waiting for Cash out Refi but found another property, now what?

[Joe Mende]

Hey everyone, I'm hoping someone can give me some ideas here to help this situation. Last year, we purchased a duplex in Chicago that we have been house hacking. We are currently finishing the basement reno and will be doing a cash-out refi, but the broker said it will still be about 2 weeks before everything is finished. During this, I found a 4plex that we liked out in a west suburb of Chicago as an investment property, not somewhere we would live/house-hack. Since it's not our primary residence, FHA is out the window. I was thinking of doing a hard money loan, renovating with that money as well, and refinancing but realized everyone is on a lease so I can't just kick them out. Also, the property is cash flowing about $175/per door as is and only 1 of the units is at market rent. I'm trying to figure out other financing ideas and hoping someone here can shed some light. Any help is much appreciated, thanks in advance!