We all have different financial situations, lifestyles, risk tolerances and goals so what would be a good investment for one person might not work for someone else. 

Selling could net ~$60K after costs, relieving financial stress and providing a reset for future investments.

Risk of Losing Multiple Properties: If the borrower defaults, the lender can seize all properties used as collateral, which can lead to significant financial loss.2.

It's because typically people say they want financial freedom but are looking for an easy button where they do minimal work and all this success happens in their life.

I'm curious as to the "financial institutions" you've talking to, were they banks?

Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

I'm not sure what i'd do afterwards, but by then i'd have a lot more financial freedom. 

This can reduce your financial burden and spread risk.3.

what does your current financial situation look like?

Investors typically want detailed financials and an agent can help you put together all these docs like rental history, expense reports, potential ROI projections, etc.