It depends on the market and whether you'd like to hold onto more liquid cash to put toward the next deal. 

I've done deals like this where I've had the seller hold a small second, subordinated to the banks 1st position mortgage, with payments to the seller deferred until balloon payment which I make coterminous with the bank's mortgage.4.) 

While this is regular due diligence, mistakes can be made when the market is hot and you have to move fast.

He used to be a regular presenter at one of the local REIAs.

It is solid to look at deals that are off-market and know that the ability to buy it at a price and either hold it or sell it will be coming with less competition on the purchase and more upside.  

Investment Info:Single-family residence buy & hold investment.

This property will be the first of many, and we hope to continue scaling in Cincinnati over the next few years.To start out, our plan is to buy and hold a cashflowing 2-4 unit property using a DSCR loan.

When you say you're looking for a lender, are you looking for hard money, permanent financing for holding properties in your portfolio, or something else?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.