When you form the relationship with a broker that you've done several deals with, they can often get more exceptions done for you or be more flexible with their terms and or the options that they can find for you.

I'll also bet come Jan, they ask you to extend it because they haven't been able to find a new place...the answer to that is no.

But if you need more cash in hand now and can handle the higher fees and reduced cash flow, option 1 could make sense.As for shopping around, it might be worth getting a few more quotes, especially if you think you can find something that combines the best of both worlds—a decent LTV and lower fees.Hope this helps!

Also, before you try to find some exotic ways to beat your capital gains, make sure you do have those gains.

Tired of living paycheck to paycheck How did you find this deal and how did you negotiate it?

If you can't find what you're looking for, try the Bigger Pockets Fileplace.

I’m a newbie, I’ve always dreamt of buying multi-family units & now I’m finally at a place where I have proof of income and make decent money. upon further research, here in Florida it’s difficult to find any without major rehab work.

It' a function of price now, and if you can find a deal that is priced accordingly, then you buy it, especially if you like the fundamentals long term

no one really wants to hear this though... they want the shortcut.there are also ways to recycle capital, like the BRRRR method, which works but is tough right now with interest rates so high and deals tough to find (and 10 other things, but those are big ones). 

Also find out how much of their own $ they have invested in the deal.