Quote from @Tim Johnson: Has anyone seen an example of a lender combining debt with equity on a real estate deal?

This is the breakdown:2 tenants on month to month leases ~$250-$350 less than market1 long term tenant (15yrs) is now on month to month lease and is paying $1500 less than marketAfter consulting with a couple of people and doing some research, it sounds like anything over a I should apply banking rent raise and submit a 60 day notice (all of these units fall into that category).

The cherry on top is that one of the tenants is choosing not to renew as of 10/31.

Hello Clareen,I am an investor and also recently got my license and am based out of Charlottesville.

There are stated or no income 2nd mortgage loans but typically these are fixed term and fixed payment type second mortgages meaning the interest rate usually doesnt fluctuate like a HELOC or home equity line of credit would fluctuate (prime + margin = annual rate calculated based on a monthly basis). 

If anyone is in need of a better business banking experience? 

Also you can check Meetup for local investor groups as well as there are some smaller ones around also.I'd say one of the biggest steps is choose a type of Investing.

I'd recommend getting multiple quotes from service providers to see what pricing is going to look like per square footage.Without too much information provided and depending on the size of your home it could be anywhere from $5,000-$15,000+

Are you the owner of each LLC? 

What made you interested in investing in this type of deal?