the ONLY true way to reserve for sub to melt down is to have the money in the bank to pay off the offending mortgage full stop any thought of trying to refi etc is just wishful thinking sellers credit will get hammered while you go through the process.

This was an oversight by either you or your agent.

The information contained in this post is not to be relied upon.

At least do this for your first few properties.

This is just dumb @Joel Oh.

The main questions to yourself are: How much time do I want to dedicate to this? 

This is why we are here though, to discuss and learn!

This isn't as hard-lined as many people think.

The cap rate is one tool among many and this one is really only able to give an apples-to-apples comparison about the sale price across multiple commercial properties.

Additionally, I would be grateful if I could find a mentor from the forum to guide me on this journey.Thanks in advance!