(pretty good bet things aren't going to 2% any time soon)We have wound up restructuring several notes to our benefit because the owners were really happy to have the income immediately

This is a really great long-term investment in the details, so I'm very flexible with what needs to happen to get the property.

Thanks Check out this article on BP published on this exact topic - the "5-10 Unit Multifamily Niche" has some very specific financing options - including, the Multifamily "DSCR Loans" that @Brian Cauldwell mentioned - these look like SFR loans (no tax returns, 30-year fixed, Rent/PITIA to calc DSCR etc.) but are for slightly bigger propertieshttps://www.biggerpockets.com/blog/multifamily-dscr-loansHi Tony - As others have mentioned a DSCR could be a great option if you’re open to a higher DP with more flexibility.

Your plan to either rent or flip the property depending on the market is flexible, which is great.

Apartments don't like not knowing when a tenant is leaving, and they definitely make tenants pay for that flexibility.

The company is also planning to re-enter the Chicago market with several new openings in the coming years.ConclusionIn the face of economic uncertainty, these major dining chains are betting on strategic expansion as a way to navigate challenges and position themselves for long-term success.

Golf carts help sure but if the parking situation is bad, then all bets are off.

Look into DSCR (Debt Service Coverage Ratio) loans that might have more flexible income requirements?

I suggested a HELOC mainly because it wouldn't be necessary to pay off OP's low-interest first mortgage, and because the strategy I recommended involves investing in multiple properties over time, for which the flexibility of a HELOC is ideal.I'm not sure what your experience is investing in LA, but there' s no cashflow to be had here (I'm here at the moment).

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.