The Northern corridor and coast is a fairly active market for small balance apartment complexes.

We do have access to a HELOC on the property which we leveraged to purchase our current primary residence (balance borrowed has been fully repaid at this point) but we would rather not pull that lever to roll into a new property given current interest rates and the adjustable nature of the HELOC. 

Thank you for your information about akiya renovation and AirBnBs.It definitely seems like (as with all things) there's a balance between investing time and money.

You are still gaining advantages - market appreciation where the home is increasing in value; tax write offs for depreciation, and your loan balance is going down each month too.  

Balance cost and quality—high-end finishes aren’t always necessary.The key to making the most impactful upgrades is understanding what buyers in your area want.

So I will need to carry the HELOC balance for about a year.

In 2024, the market began to balance, with a 8.7% price increase to $282,500 in March and 62.5% of sales closing within 30 days.

It's all about getting the numbers to balance out. 

Have them furnish their checking account number and approximate balance - together with similar savings account information.

Right now I would imagine you're best bet is a small balance Freddie or fannie loans depending on loan size and location.