I guess another alternative is to move into a vacant unit so you can better afford the losses.

Alternatively, I could pivot strategies and aim to start 1-2 AirBnBs/year in my state.

Alternatively, contributing it into an LLC and partnering with a developer could defer or spread income while creating write-offs from early expenses.5.

What are your alternatives to replace your current investment? 

That being said there are far better alternatives than Kiavi.

With the U.S. real estate market showing signs of resilience and growth in 2025, particularly in areas like San Francisco where low inventory and strong demand continue to drive competition, I'm curious about how others are approaching funding for their projects.Given the current economic landscape, characterized by a 5.5% GDP growth and easing inflation rates, are you finding traditional financing avenues sufficient, or are you exploring alternative funding options?

I’ve been connecting with different investors lately and noticed many are shifting away from banks toward alternative lending.What’s been your experience?

If it truly cash flows today even at 9.9% and you can live with a 1‑year, 5% prepay, I’d lock it with a clear 6–12 month plan to pay down balances, boost credit, and refi out when DTI improves; otherwise, set a 7–10 day deadline to shop DSCR or alternative private options, and if nothing beats it on rate, fee, or prepay, take this deal and keep momentum into the next building.

As mentioned, a DSCR loan could be a good alternative.

But interestingly, a lot of people I talk to are still mixing in creative or alternative options — DSCR loans, private lenders, and joint ventures — to stay competitive in tight markets.It seems that even with rates improving, speed and flexibility are still huge advantages, especially for flips and mid-size rental projects.I’m curious — how are you all approaching financing in today’s market?