Not sure they do that on all properties, but I've seen it done. 

See if there is any compromise on not raising the rent at all. $300/mo. is a lot to give away.

I'm contacting the community to brainstorm a solution to a funding need we're all facing.

We play matchmaker, put our clients first in all arenas, and also manage.

You guys are all over the map..

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

Wishing you all the best on your journey.

Others are exploring different real estate asset classes all together.Notice in that chart in the link above, today's trend isn't too different from how things looked basically until 2010.

Quote from @Axel Scaggs: Hi everyone, I’ve really enjoyed all the info I’ve found on this site!

Happens to all of us.