You won't find many refinance options on these types of projects besides going the SBA or USDA route most likely.

(And since I also got bookings via my earlier VRBO pre-approvals, didn't realize until the inquirer let me know they were going with another option, that VRBO holds it for 72 hours.) 

On the positive side, the price points and rent-to-price ratios in Detroit make it a compelling option compared to California.

Given there is a decent fee, I’m also considering the option of not getting the ADU permitted and just rent it as is for “roommates”.

Another odd thing was the same buyer added a second option of a cash purchase that was close to half the asking price.

But if presented the option between multifamily real estate and single-family house hacking I think that multi family house hiking is superior.

To navigate this, consider options like keeping your current home as your primary residence while house hacking a multi-unit property, using the HELOC funds strategically before moving, or exploring alternatives like a bridge loan or cash-out refinance.

We often use our own workers and have the work inspected afterward to make sure it's all up to code.Is that an option for you?

I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..

Based on what you all have said I think my best option for now is to put the multi fam under my LLC and keep renting the others as I have been.