Gradually raising rents, exploring lease buyouts, or selling with tenants in place are balanced alternatives.

Diversifying your portfolio can provide stability and growth potential, especially if you explore different types of properties or geographic locations.

As others mentioned, a DSCR is worth exploring here.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Structuring a 203(k) loan for your partnership involves some creative thinking, but it’s definitely worth exploring.

If you anticipate selling the property soon, it’s worth negotiating or shopping around for a lender with flexibility in prepayment penalties.Feel free to reach out if you'd like to explore tailored DSCR options that suit your goals.

It’s worth having a Plan B for unexpected shortfalls if you can, like setting aside reserves.From what I’ve seen, markets like San Diego, Chicago, or Austin also offer creative financing opportunities you can explore further.

As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.

It’s great to hear you’re exploring out-of-state investing, especially given the high entry points in San Diego.

The property is rented out for $3,200 per month, while my mortgage is $2,100, and the HOA fee is $268.I explored the option of taking out a second mortgage.