The property is affordable and I can fix it up to add equity and increase revenue.

No valid social security number I Deny.An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service.

I'm guessing the loan is based on income revenue of the property versus personal credit and cash on hand?

Here are some details:Purchase Price - $885,000Down payment - $177,000 (split by four partners)Initial reserves - $23,000 (each partner brought $50K to the deal) Principal & Interest - $4,500/monthTaxes & Insurance - $2,200/month2020 gross bookings - $86,0002021 gross bookings to date, including ROY - $91,000We have never had a cash-call and now we have built up our reserve to the point that we can really invest in updating the property, or we could take the house off the market and use it ourselves and just absorb the revenue hit.

Essentially, what would you want if I was offering this to you?

With a house you have options to generate revenue- with land not so much, which is why it gets hit harder during a downturn.

You also don't get your money right away,  you essentially habe another process to go through to get it.Sometimes getting a lawyer to write a demand letter scares tenants enough to give some if not all the owed amount.

Essentially, you put a lien on at least one other property's equity that you own against another. 

If you don't split the lot, then you're essentially making a horizontal condominium complex. 

Location development and expansion is typically what is going to bring the brand more revenue through a franchise model or direct model.James Storey, CCIM