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Updated about 4 years ago,
Refinance or sell my commercial multi family units
I acquired my 9 unit and 4 unit multi family units in 2018 and this month i am finally done seasoning them. I rehabbed and renovated them raising rents from $500 per month to $700 to $800 per month per unit. They are all 2 bedrooms one bath units some townhomes and apartments situated on several lots. I can even build on one of the empty lots across from of my 4 units to add more to that property. What would be your play if you were me? Sell? 1031 exchange? Refinance cash out? All creative suggestions during these times are welcome. If you are interested in offering also let me know.