Local banks would be your next bet if you want something competitive but you would run into the same issues with loan value.

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

@David Yonwook Chung check out some local meet-ups in the OC.OCREIN - Unlock Your Real Estate Success: Stand Up and Connect!

We are not local so we will be managing this property remotely.

I recently got to know another local flipper and he informed me of a private lender he works with that covers 100% of the acquistion cost and charges 1.5 points and 13.5% (no rehab cost covered).

To my surprise, the owner is also a local councilman and recently faced many lawsuit charges.

I would also recommend going to some local RE meetups in your area.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Twelve month interest only commercial loan at a local bank.

Landlord / tenant laws are very reasonable, and there is strong economic growth in the local area.