This could be a huge opportunity for investors who can find cheap conversions (think: a SF with an existing in law apartment).

If the property is not cash flowing and is due to your mortgage carry, it will most likely require a cash buyer to work (or close to it). 

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.

@Chris LinIf you were to include Equity growth (from appreciation and mortgage pay-down) what sort of returns would you have? 

Get a copy.2) Bring your trust documents to any bank and open a trust account in the name of the plan with you and your spouse as the trustees.3) Transfer your existing 401(k) funds into the checking account associated with your 401(k) trust.

I recently added a half bathroom to existing footage in a unit that is valued over $1k/ft that the comps showed the half bathroom added ~$50k of value.- not sure of your home market but i assume you are choosing ohio for its lower cost.  

., if this was a 506(c) offering, and the sponsor did not make "reasonable efforts" to confirm all investors are accredited, than that is a direct violation of rule 506(c) from the SEC.If this was a 506(b) offering, there needs to be an existing relationship with all investors before any investment opportunities are shared.  

If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.

Home mortgage is $3700/month and $500/month extra payment towards the principal.

Where you would put in the mortgage the seller is financing.