Proforma GOI (market): $120K ($1K/month)NOI: $78KCAP: 5.6ARV: $1,392,857Refinance 70% LTV: $975K loan amount less $560K balance = cash out at $415,000. $415K less rehab costs at $200K (20K/unit) = NET $215KYou would pay a % of the future value in this example, you certainly (and neither would he) wouldn't pay $1,392,857 for an asset generating $75K per annum, understanding that the value therein would be offered at a 3.2 CAP.

If it runs the full five years the final sale price will be closer to $821,264 which includes P/I paid to me over the 60 months.

If it runs the full five years the final sale price will be closer to $821,264 which includes P/I paid to me over the 60 months.

Consider equity shares, profit-sharing arrangements, or other creative financing structures.Legal and Financial Structuring: Work with legal and financial professionals to finalize agreements and ensure compliance with regulatory requirements.If you have any other questions, just want to discuss, or need a loan officer please feel free to reach out to me directly!

You might be able to restructure the loans due to this hardship.

Should also mention I can’t wait till rates to come down to refinance because I will only be able to take out a loan for 70% of the value instead of the 75% while it’s my primary.

Finally, preparedness for market changes is essential; developing plans for different market scenarios ensures you have strategies in place for various outcomes, and maintaining a flexible approach to your portfolio strategy allows you to pivot as market conditions evolve.By implementing these strategies, you can better manage the risks associated with market normalization, maintain your current returns, and position yourself for further growth over the next 3-5 years.

Investment Info:Other private money loan investment.

Look into loan choices, and check out rent money, lease terms, and insurance needs.  

Sure, people will tell you that you can without talking to the bank, but they could call the loan due at any time (assuming there is a due on sale clause, and there probably is).