Current lease has size limits for both but it's time to reconsider- are size limits enough or scratch them all together?

Ask for higher limits so your available credit ratio is higher.

Quote from @Jonathan Greene: That's very limited information for someone to help you.

.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

So, they could also force the municipality to pay them some profit that way as well since those sales usually go for more than you might think is market rate.

Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

I know a few members in the municipality that can help next time. 

Cruz seems to focus more on seller financing which seems to be limited as a lot of sellers don’t offer this.  90 day rental road map focuses on private funding with exclusive lenders for their students that will fund 100 percent of the deals.  

Closing Costs – Remember to factor in refi fees and how long you plan to hold the property to determine if refinancing will save you money overall.Since you mentioned owning the property for only a year, your equity might still be limited, impacting your options or leading to higher costs.

Limiting issues and liability is the goal.