So before you take one set of questions – please add you flavor to match your expectations.

Once you get a flavor for the cap rate you should be able to accurately determine the value of the building from the NOI and understand if a refinance is "worth it" in your situation.

However in this case it sounds like the lien has been released so the question is moot.yes foreclosing a junior lien does not remove a senior lien not matter what it is.. although in practice its pretty rare to have IRS lien senior to bank loans.. maybe a private loan where a lender never requested lenders title insurance.Not as rare as you might think, liens of all flavors get missed all the time in title searches.  

PMs come in various flavors of honesty, competence and responsiveness.

All three are central, but have a slightly different flavor.

The CEO of Coca-Cola, the CEO of Red Bull, and the kid down the street with a lemonade stand are all in the business of selling flavored water, but you can't seriously expect them all to have the same business model because they're "running a business."

Starbucks has three sizes and 300 different options for the different ways flavors and their crap can be mixed.

In the short term, you are very likely to have a moderate number of guests looking for exactly what you would want (birds of a feather flocking together, flavor of the moment, and all that). 

We no longer offer the short term option...Hope that adds a little flavor to your experience.

The rates tend to be about 2% higher than conventional rates, but allow the loan in the name of LLC's with a personal guarantee.So it depends on what flavor of loan you want and how you want to go about it?