While traditional loans might be tough with current interest rates and no W2s, there are definitely creative financing options and strategies to consider.One possibility is exploring seller financing.

Yes, I’m based out of Riverside and currently exploring wholesaling here.

We're exploring both options. 

That's direction I'd advise exploring, not how to do it all yourself as an island, but as a facilitating power.

•Explore private lenders or hard money loans if you need higher leverage, though the interest rates will likely be much higher.

If lenders reject a HELOC due to lack of W2 income, explore DSCR loans, private lenders, or partnerships to fund new investments while retaining your current property.

Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

This gives you a foothold in the market without overextending financially, and you can always explore other investments later.If you can find a multifamily property in Asheville, that’s an even better house hack.

My advice to you would be to explore the increasing number of renovated 2 families vs the $1.2M+ builds.

I would be delighted to connect if you have any questions or if you're considering exploring the Kansas City market.