We have a maturity of the Hard money note coming up Next week and need to find a solution.With hard money interest, the total note will be about 980K.We have an offer from another hard money to refinance however we would still need 500k to satisfy the first note.

Mid-Stay Rentals (MTR) offer steady money with leases from 1 to 6 months but with okay cash chances and strict rules.

I understand your dilemma with overlapping features in property management software.TenantCloud offers an all-in-one solution for property management, bookkeeping, and maintenance tracking.

It offers more flexibility and you're only paying back what you use.Another alternative would be a business line of credit.

So desirable in fact that an agent fro Ryan Serhant's office personally flew down to check it out and make an offer.

Few other things to consider: is this a triple net lease or is the 10% cap offered based on the Tenant's last years expenses (at least the ones they are showing).

@Robert RuschakNot an attorney but I asked mine out of curiosity and “it depends”If for example the price was supposed to be $500k and marketing, advertising and discussions were based on this and the contract accidentally listed $400k, you will most likely not get it for that amount - of course it also depends on the state etc.This is a lot different than you offering $5400k, them accepting the offer then the contract was written at $400k and they come back and are like oops.

What kind of return should we even offer?

Good news - most of these all function the same and offer about the same the features, except for OR.

But my plan is to pay off what’s left to own it free and clear and do seller financing. my plan is to offer 15 or 30 years at a normal rate that someone could get from the bank at time of closing.