We bought Ocean Walk Shoppes out of bankruptcy cash, no lender wanted to to play here cost efficiently, about three years ago.

Feel free to connect if you have specific questions. 

Check out FilePlace, where user-created forms are available for free.

Whether it’s networking, sharing experiences, or discussing strategies, I’m here to build meaningful relationships and help each other achieve our goals.If you have any advice, resources, or simply want to connect, please feel free to reach out.

But the depreciation would be about 6k a year so your 2k would be tax free plus you could write off another 4k in depreciation. 

Stores that have since moved-in to the space include Costco, HomeGoods, Petco, Hobby Lobby, Dick’s Sporting Goods, Field and Stream, Best Buy, and Ashley Furniture Home Store.Transit Oriented/Mix-Use Developments- Mobile Bay Bridge Project is said to begin in 2020, costing $2.1 billion and consisting of a six-lane cable stay bridge over the Mobile Bay connecting Mobile and Eastern Shore.

Check out FilePlace, where user-created forms are available for free.

Do a cash for keys deal and just try to get them out early… I’ve thought about offering that if they leave by the end of November (~60 days notice) that I’d give them November free + $500 in moving expenses and return of security deposit if left in good condition3.

Hard to say which would make more sense without knowing exactly what you're looking for but feel free to reach out if we might be able to help.

Usually on DSCR loans, lenders will provide a preliminary cost breakdown but we usually can't pick the pencil back up and finalize terms until the appraisal report is in hand and expenses (tax/insurance/HOA figures) are finalized.