Before making your final decision, I'd suggest running the numbers both ways - calculate your tax liability versus the potential long-term impact of accepting those unfavorable terms you mentioned.

The shorter the prepayment term has an impact on increasing the rate.4.

@Jean G.The reality is: it dependsIt’s a numbers game where you need to first determine: what yield do I want and what are the outcomes/ risks involved that could impact thatBuild yourself a financial calculator to understand this but also understand you need to know every process and how much it costs and how long it takes90% upb on a commercial property in a non judicial state with equity and default interest at 15% is a great deal but take that same asset in another state which also has long eviction laws and it could be awfulLastly bankruptcy could wipe out some of your lien depending on the type and how the loan was written.

The shorter the prepayment term has an impact on increasing the rate.4.

Your scores will impact the interest rate.

The shorter the prepayment term has an impact on increasing the rate.4.

Fix and flips and the BRRRR strategy are fantastic ways to build wealth, especially in a market like Philadelphia where there’s plenty of potential.As a property manager in the Philadelphia area, I've seen firsthand how impactful a solid property management strategy can be on maximizing returns, particularly for investors using the BRRRR method.

@Isadore Nelson There is currently a glut of new housing that will take some time to absorb in specific neighborhoods but certainly not something impacting the entire city. 

This could impact their ability to pay rent or want to renew.  

Working from home has negatively impacted the commercial real estate space in my market.