It can be used as a 4/2 with a private attached studio, or as 4 room rentals with a separate studio (which is what we currently do) or as a 5/3 SFH. 

Is 1.3 usually what you see with those smaller private sized projects?

Pace provides access to OPM to get started and grow your network and teaches and proiveds access to Rasing private capital to allow you to close more deals as you get your network built. 

I go to a meet up in San diego called private lending masters.  

Looking for solutions to offer financing to buyers:We have a unique asset class that we're building out here.  The land is unbuildable for residences and we build these storage workshops on the properties.  Each lot i...

Learning about fix-and-flips and leveraging private or hard money lenders can help finance flips.

Agree with @Ian Ippolito 100% based on my experience in fund formation and product development in private alternatives. 

Did you use a local bank/credit union or a private lender?

Not sure what the layout looks like or location - but in a solid location, which I'm assuming since it's an STR, you should be able to in the ball north of $800-1000 per room and even more so for the rooms with private baths.

I currently haver a private mortgage on the property that I will need to refinance in about a year or I have to pay a baloon payment.