It would depend on other factors aside from cash flow such as what you put down, what your alternative investments would be etc. 

Mark Ferguson) who use private money lenders to finance deals as a preferred alternative. 

Always think if there is an alternative way to spending money.   

Alternatively You may be able to sign your name on the contract as “John Doe and his/her assigns”

If no local any recommendation for a alternate lender.Ty

In normal times, I stick to alternatives (commercial, non qm, hard money, portfolio etc). 

Syndications can be a great passive investment and there are lots of sponsors here on BP.You mentioned you're unsure about tying up a large sum of money for an extended period of time like a syndication would require so an alternative would be to become a HML and act as the bank. 

Is there an alternative and if so what are the benefits ?

Hello BP family, I'm stuck and need some advice, I have two condos in NJ that cash flow well, and I tried to refinance but due to high investor vs owner units I couldn't do a cash out refinance,  so I'm putting it on the market . but I was wondering if someone else ran into this problem before and also, what other alternative can I have if it doesn't sell ?

Alternatively, there is option C: wait a bit and see what happens with COVID, since we're still in uncharted territory here.