So those are kind of my options- rent at a loss or sell for the balance.

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

Might be time to have a conversation about expectations—or consider other options if he’s not the right fit.

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

I'm open to helping you explore your options.

Here, in Portland, we have to offer an option for Appealing a denial.

If they Counter, you have the same 3 options to respond. 

A third option could be to sell.

I may not even go the partnership route but I am interested in just learning about all the options I have.