Therefore anyone with bank originated construction debt or bridge debt is likely happy right now with the rate cut and narrative surrounding future cuts since in many cases these are adjustable rate loans with floors we likely won't see anytime soon.It will be interesting to see whether this cut gets banks who have been on the sidelines back into the market or alternatively some lenders who have continued to lend but with tighter underwriting to ease their guidelines.

Alternatively you could just flip.

The alternative I see as a work around but full disclosure I am not a lawyer is giving tenants notice to vacate and then listing the property with no active tenants or have tenants sign off that they are not interested in buying the building and list right away. 99% of tenants are not capable of being buyers so who knows how often this ordinance will actually be used.

Heck no, but we are better than all the alternatives.

I believe shared housing is going to become more popular, due to the lack of available housing throughout the country; and lenders, insurance, etc. will need to find ways to accommodate their use. 

Another alternative is to create a fund of funds.

With the high cost of the popular keywords, driven by “auction” combination of high bids and best results, it has become much more difficult and costly then SEO.  

I'm glad you found a good alternative solution!

Or some other alternate financing at least.

It is one of the reason they continue to be popular despite the outrageous fees in my opinion.