Are the units currently occupied and tenants paying market value for rent? 

Seller financingAlso want to be clear interest rates are really not high, this is where they historically are.

What is the retail value of the house you would sell?  

We’ve had great success with our listings, regularly achieving 5x the market average ADR on Airbnb and receiving frequent offers from local realtors to purchase.We’re now considering scaling up with a new project and have been approached by a friend who’s interested in partnering with us, providing financing for renovations.

To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

I am not an attorney and I do not want to provide specific details in a public forum.

We have a 50 unit apartment complex and a local Subscription based Roadside Assistance company wants to partner with us to provide our tenants with unlimited priority roadside assistance services.

Loan Balance $295,000Loan Maturity Date 11/1/2051Property Specifications:SFHBedrooms 4Bathrooms 3Square Feet 2316Year Built 2021Garage Size 2Schools Rating (scale 3-30, 30 is best) 18Lot size (sq ft) 7,631.0Purchase price: $330,000Market Value: $350,000Estimated Financial AssumptionsMonthlyYearlyRent (upper)*$2,350$28,200Rent (lower)*$2,250$27,000Property Taxes$425$5,100Insurance$200$2,400Repairs$65$780Property Management Monthly (%)0.00%Property Management Monthly ($)$75$900Leasing Fee$95.80$1,150HOA$146$1,752Vacancy Rate4.00%Total Fixed Expenses$1,096$13,150Total Expenses (Fixed + Mortgage)$2,620$31,437

You’ll need all the requisite licensed professionals providing new drawings of what you intend to do.

This is what me and my team specialize in.The benefit to this is you're generally forcing some value to create equity.