You could leverage the value of the entire four plex to put towards a larger asset or try to 1031 exchange it. again, i am no expert but I would consider myself a fairly savvy investor.

However, that same market segment usually isn't interested in larger houses, such as a 5 bedroom. 

YOU DOGGED A BULLET THERE.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

You will be going up against larger operators with bigger budgets and more experience. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Does anyone know of a larger bank that does offer a HELOC or something similar IF it's in 3rd position? 

They are both looking for bird dogs. 

While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.