Family in Real Estate, looking to sell or obtain loan

[Janel Kratky]

Hi everyone,

My family owns commercial (2 buildings, one was a former restaurant w/ apt upstairs) and residential (10 units, 3 houses) real estate in the Oneida NY area. Most of the properties are paid off but we'd like to pull equity from them or sell them in a package (or separate). We are unable to obtain a loan because the federal government only recognizes his social security as income - which makes his debt to income ratio too high. Looking for ideas and suggestions - thanks!