HELP NEEDED FOR HOUSE FLIP

[Nathan Wierzgac]

I have a house in Durham, NC that I rehabbed this year from January to June. I am all in on the house at $525,000 and have an appraisal on the property at $600,000. With rising interest rates I have not been able to sell the house without losing money on it and I'm looking at alternative solutions. I have attempted refinancing into a long term loan and leaving some money in the property in an effort to turn into a STR since it is in a prime location near Duke Hospital and downtown Durham. I can't qualify for that large of a loan unfortunately and am looking for other options to save this property before my hard money loan matures in February of 2023. There is $75,000 worth of equity with the appraisal in the property currently. Looking for genuine help on some alternative solutions on what I can do… thank you.