Another option is a DSCR loan where some lenders have shorter seasoning or waiting periods- I've seen some that are three months which can make a big difference for an investor getting cash out of a deal and using it on a new project.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.

This could be a great option for your property as well.I recently met an investor at a networking event who specializes exclusively in pad splits.

This issue, if caught early, is probably fixable with out insurance involvement because the deductible might be more than the repair cost.  

This restrictive definition can pose challenges for co-living arrangements, which may involve unrelated individuals sharing a dwelling.

They are also based in the US so this is a good option for many. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Based on the fact that new construction is currently at a relatively low premium when compared to existing construction, I think this strategy might be a good option.

No, refinancing isn’t an option because of how we purchased the property.

At this stage, you can also discuss creative financing options, like seller financing, that might help bridge the gap between what you can afford and what they’d like to get for the property.

How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.