Every loan scenario needs to be vetted to a Tee.

If you tie the bonus to early renewals, a bad employee will renew bad tenants just to earn a quick buck.

This is due to all the foreclosures that have been tied up in land court since the pandemic. 

I have the TIE!

That's what many wholesalers do to tie up properties. 

The apartment is owned by family and I wouldn’t be tied down to a lease.

Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.

Quote from @Carlyn Chism: Please share lenders who are low credit score friendly and or hard money lenders that are easy to work with, e.g. won’t tie your money up in draws. 

We need the cash to mostly just tie us over untill we sell the property, so 150,000 is on the upper end; 80,000 and above would probably be sufficient. 

Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.