If the cash-out refinance option isn’t providing enough liquidity, you could also consider a hard money loan, though these tend to come with higher interest rates and shorter terms.

I tend to be partial to REIA events, which have chapters in most larger cities/markets.

When financing these projects, keep in mind that some lenders may require a larger down payment or charge higher interest rates due to the increased risk.

It’s not quite as easy as having the liquid cash to invest.

However, the added loan size and large rate adjustment is usually a tougher pill to swallow in my experience.

I’ve been diving deep into the world of real estate investing, with a strong focus on acquiring rental properties and eventually scaling into larger deals.

The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

It enables me to pool resources, leverage my partners' skills, and gain access to larger investment possibilities that would be impossible for me to pursue alone.

Now I coinvest with others in larger deals from apartments, trailer homes to industrial deals. 

I think we are competitively priced, so most of out tenants have been renewing, but we plan to test higher rents in 2025  for our larger apartment buildings to account for the steep increase in insurance prices.There have been A LOT of new apartment buildings put up recently in the Cedar Rapids metro area, so depending on the class of tenant you have, maybe that could account for some of softening you are seeing?