We did consider/evaluate that option, and have done multiple flips, but at those points have been under contract since New Year's Eve and carrying costs for another 2-3 months without a guaranteed sale is not the risk we want to assume.

It could be a great option for your client's needs, or at the very least, a starting point for comparison with other lenders.

Feel free to reach out with any questions about loan options or how I can support your real estate journey!

Have you looked into property management options or run numbers factoring in potential vacancies and maintenance?

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

I shot you a DM as there are most likely a few different options to consider.

For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

North MS is a great option as well! 

Since you're looking to house hack your first multifamily in New London, CT, or Greater Boston, connecting with local investors and learning about financing options will be key.

Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.