Be prepared that they will be promoting an optional mentorship program at the end.

Over the past several years it has seem there have been more and more options.

He told me about LLPAs and presented me with a lot of option related to them.

Hi - if I am thinking about offering buyer with seller financing, what are my options for mortgage servicing?

But like @Henry Clark said and others in this post there are options you can consider.

Make sure you have that addressed just from a liability standpoint. 4) You could also look into a mid-term rental option with traveling nurses if you think the unit is truly rentable. 5) AirBnB restrictions have gotten much stricter as well in general in Chicago, so make sure you are on the right side of those if you put your unit up since you are required to register with the City.

Your suggestion to list on open market likely is the best option for the OP.  

Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

Add a Rental Security provision to receive stock options in Lazy Dogs LLC for any upside when it goes public!

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!