The Meter Save program was discontinued in Chicago in 2022 and it seems there are no viable options that I qualify for (I’ve looked at the department of waters options and I don’t fit the qualifications).this feels like I’m getting ripped off each month in the bill and am really needing support here.

Keep those parameters in mind as well.Lastly, A great HML would have options for you to transition into after your loan term ends with them.Best of luck to you on your journey!!!

Loads of information on the forums and BP tools for you to expand your knowledge or find just about anything.I am on the lending side of things and am always happy to talk shop with investors looking to learn more about financing options out there, even if not in my resource pool.  

We have full time professional jobs and children so getting into heavy rehab or flipping is not an option.

I've been thinking about ADUs as well, so I will keep that as an option.

Some will do but they tend to be far and few in between and the terms are not very desirable at all.Another options is to take down the properties with a bridge loan. 

For example I use RentRedi and offer that as one of the options for my tenants to pay rent.

Depending on your new job as a 1099/self employed, there are likely other loan options available that can work.

There are HELOC and 2nd loan options that might work for this property.

If you are looking to pull more cash out I'd go with the second option.