You also get access to conventional financing. 

My idea is to find another buyer who has cash i.e. their own funds, access to hedge funds etc I just don't know if I should list it on MLS or where to find this type of buyer quickly any ideas for a super quick sale this would be as is the title is already ran and I just did renovations on both properties?

It sounds like the commercial property you are looking at is a slam dunk. 

@Michael HoustonSo cap rates are for commercial properties so they have no use in 1-4 unit values.

Those are the players for residential...commercial the same way.

Are their locks on the rooms that aren't supposed to be accessible?

Regarding a HELOC, most banks will only provide a HELOC up to 75-80% of the property value, so you may not be able to access a HELOC for a while.

Thanks,Harish. this would be typical of a larger commercial transaction.. what you can do is pay the appraiser and the Phase one company direct.. its usually done that way.

Investment Info:Large multi-family (5+ units) commercial investment investment.

The under writing doesn't carry for a 1.25 DSCR which (at the moment) is the golden rule for banks and commercial hard money lenders.