However, it is clear you have an unusual partnership agreement so it is best to consult a CPA.On the other hand, real estate is not a liquid asset. 

All are current on preferred returns and I’ve had one liquidity event ahead of schedule.

Could be an option to avoid liquidating your investment portfolio.

I know I would not want to do 80 deals in an year for a whopping 80k... seems like a low returns for them.. granted apr is spectacular but then again you need those funds liquid so your drag on funds ( from lender perspective ) can be pretty great..

Hi Sharon,There are several options for borrowers with poor credit to still get financing, the lenders will just be looking closer at some other factors such as the borrower's experience and their liquidity.

For further context, the borrower would be able to comfortably afford the mortgage with the rental income but not without it completely.I understand that potential rental income from the property may be considered for a loan amount, but I’m not sure how potential income affects the liquid amount that lenders want to see when issuing a loan.

In future deals, I would opt for financing to maintain liquidity and maximize my investment potential across multiple properties.

This larger downpayment would require me to liquidate stocks which I am not too keen of doing at the moment.As an active listener of the BiggerPockets podcast, I'm well aware that midwest markets like Indianapolis, Cleveland, etc. are the "top" markets these days in terms of current growth + affordability.

I am considering liquidating most of my portfolio of 35 rental units and exchanging into a handful of DST-721 UPREITS for a very long term hold.

I will have about 15k-20k in liquid Cash when I turn 18.