I don't mean to be insulting, but private money is not cheaper than conventional financing unless you are getting a loan from a relative or close friend. 

I know inventory has been pretty tough there.I have 12-doors in Detroit and am picking up a duplex next month to make it 14.

Yeah, so active inventory went up from the all time EPIC zero/no inventory level....

Conventional loan How did you add value to the deal?

The market is hunting for more inventory, despite 7% rates.

I Live in jersey and the Prices seem to not be going down here and there is little to no inventory So I started to look at Pennsylvania.

As a 1.5 story it has 1 conventional bedroom downstairs and a couple of weird shaped bedrooms and a bath upstairs. 

Bottom line: Baltimore City is not nearly as friendly to an ADU as you would expect for a densely populated urban jurisdiction where many of its political leaders call for increased density, inventory, the end of single family zoning, etc.

I agree, there is more inventory and it seems demand is dropping off. 

Does anyone have any advice or references to setup the structure of the business so that we are compliant and that I can qualify for conventional financing while he puts up the equity.