He is very risk averse and extremely happy with the results.The main question to ask is do you want debt or equity partners?

I think that point also can get lost in the discussion of who "deserves" a break, fairness, etc.Would it be "fair" for me to ask a bond holder to forgive my debt since I am having such a hard time? 

.$950:  GSR$48:    Vacancy (5%)$143:  Repairs and CapEx (15% combined)$95:    Management (10%)$50:    Insurance$50:    Property Taxes$374:  Debt Service (20% down, 4.25%, 30-year)   =$191/month cash flow (12% CoC ROI on DP)Now imagine this is a quadplex with lower per-unit costs and some efficiencies of scale (a few more expenses, too).

However, if the taxpayer took out a $250,000 home equity loan on the main home to purchase the vacation home, then the interest on the home equity loan would not be deductible. https://www.irs.gov/newsroom/interest-on-home-equity-loans-often-still-deductible-under-new-lawThis is a bit confusing, but...If you dive into Interest tracing rule, any debt for investment interest seems to allow tax deduction.

I'm sure there are buyers for that kind of debt.

Sounds like your entity filed a consolidated return.

The primary lender probably won't be okay with you being more than 80% LTV, no matter who's holding the debt.

Obviously I want to continue investing, but I have some debts that I think I would be better off paying off.

Since it's a personal guarantee would it be best if I paid down some of my personal debt before applying for business credit? 

Lending on the edges such as bridge, cash out refi and hard money will see some changes by the end of the month.Multifamily communities purchased on sustainable in place Debt Service Coverage will be just fine.