Depreciation I am less concerned with as I agree, based on what I understand, it's lowering taxes now, which will have to be paid later when the house is sold.

Isn’t the time to buy STNL is when rates are higher and the bldg prices are lower?

thanks for that so is 1.5% bad bc that's what that person messaged me  there is no regulation on Transactional funding basically its whatever you can negotiate.. 1% is the going rate from most.. some will be higher some will be lower.. just google around for TF funding and and talk to a number of those funders to find your best deal.there are half a dozen of these folks or so on BP that do provide this service maybe they will catch this thread or maybe you do some snooping around on the site and find them.

If you're willing to hold the property and make some cash for the next 5 years or so you could see a big profit down the road or just refinance into a much lower rate and improve your cash flow!

I would never do a commercial loan with shorter amortization and balloon payment. yes lower rates for now, but you have to do a refi at some point and if you do all of your loans on shorter terms, you will not be able to access as much traditional financing potentially.

I agree that cap rate would yield a lower price than even $450K. 

That’s why I wanted to use the equity and then only owe the $153k to lower the payment and refinance later.

Loud neighbors, a poor location, and poor floor plan could mean a constant uphill battle to keep guests happy, and likely a lower ceiling for guest review scores.  

The lower level is being built out to house the third location of Arbol Eatery, a grab-and-go restaurant, along with a wellness center and event space.

The lower level is undergoing a significant build-out to house the third location of Arbol Eatery, a grab-and-go restaurant renowned for its fresh, flavorful offerings.