Putting people in a position where they would need to sell or come up with an alternative strategy to pay off the mortgage balance prior to rebuilding. 

>  Some LP want cash>  Some want alternative real estate>  Some want individual properties currently within the partnership. 

If it’s not required by law, you might ask why it’s being done now and if there are alternative ways to address the concern.Going forward, consider setting a clear spending threshold with your property manager.

For BRRRR investors: Are you rethinking cash-out refi strategies or exploring alternative rent models to make deals work?

If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.

That said, tenants sometimes push for alternative solutions, as in your case.Here’s what I’d suggest:Broaden Your Marketing ApproachFebruary and March can be slow months for leasing in family-oriented communities, but it’s not impossible.

Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

yes in 2020 I had to find an alternative due to Covid.

Despite the inability to claim depreciation or avoid certain taxes, many investors appreciate the control an SDIRA offers, allowing them to invest directly in real estate and other alternative assets they are passionate about.I do not recommend buying tax-efficient assets like RE in the already tax-efficient IRAs.

Maybe pay a financial advisor for an hour of his time first in case there is an alternative that you have not seen yet?