I do think in this instance, a better resolution is to negotiate an extension with your current hard money lender, and get your credit to at least a 700+ for better terms.

I always go in with a simple offer of this is the rent, and we are also comfortable giving you a (insert something you need to do anyways like a basic, white paint job or a new appliance).This is one of the most uncomfortable parts of the business though, and the quicker you get over being able to have these conversations, the quicker you will be successful in this business.

Reduced living costs will help you save which then would make buying again quicker.

Nothing will crush your hopes and dreams quicker than if the people closest to you think investing in real estate is terrible.

” - **Highlight Benefits for the Seller**: - **Quicker Sale**: Explain that seller financing can make the property more appealing to potential buyers, increasing the chances of a quicker sale

That will minimize your turnover rate and make it a lot easier to attract quality house mates, plus you'll build equity quicker due to more rapid appreciation which will enable you to tap that equity and build your portfolio quicker. 

I personally like Cleveland over Akron because there is so much more volume, which makes it possible to build bigger teams, do more deals, and scale quicker. 

Canada and UK and also already cut rates.US usually always trails and the other countries do it quicker due to desperation.

That way your monthly expenses will be significantly less, you'll be gaining experience as an investor/landlord, and you'll be able to purchase your next property quicker.

Hi Sol, I hope you have resolution to your initial problem.