Either of those would be much better option then a blanket loan to (as mentioned above) the issue with partial release. 

@Cliff DurrettIn some instances the first will take a discount to give the second some money, but in this instance they are so underwater I don’t think the second will approve this as they are basically getting wiped, and they have much higher BPO’sAlso be aware the lender may satisfy the loan but not release the debt, meaning they will allow for short sale but then get a judgment to have the balance of Debt validated and still owed

I've already stopped cash bleeding in all areas of my business over the past 45 days and I am freezing all improvement projects and released some existing staff.  

Or best action steps.1206 Bishop $82k / Release Price $79,8001710 Collins $89k / Release Price $78,9601215 Bishop $89k / Release Price $79,8001217 Bishop $99k / Release Price $131, 8802409 Pennsylvania $99k / Release Price $100,800604 E 1 st. $85k / Payoff $45,000

Beware, some blanket loans, despite having a partial release clause, will still mandate you pay 120% of the original individual loan amount back to the blanket upon sale.

Yet even a week later, they refused to release funds without calling to verify funds.

How does release price work? 

According to the IRS Office of Chief Counsel, a foreclosure on a rental property does indeed constitute a fully taxable disposition, potentially releasing previously suspended rental losses for deduction.Consider a scenario where a landlord purchases a property for $1 million, financed entirely through a mortgage.

We'll be releasing a report in Q1 based on our predictions for the strongest fix and flip markets in 2024.

Get this established up front, consider it a venting mechanism, so if one party feels frustrated they have a ready way to release it.