Suppose you have $46,000 mortgage at 8% interest on restaurant, $22,900 SBA loan, $3,900 at 1.75% interest on a microloan, $23,00 on temporary 0% interest credit cards all for the same business totaling $95,000 in debt. 

Hey Matthew,I work a lot in the Detroit market, specifically on BRRRR projects and with Section 8 tenants.

It depends on what type of experience you want to have.

IE the buyer themselves buys low end tough to manage assets because they look great on paper.

Periodically checking the realtor.com and zillow "sold" listings in your areas of interest will keep you generally informed on what properties are actually selling for.Feel free to reach out with any questions during your research phase, happy to share some additional stats/info.

Unfortunately, I do not have any recommendations but be careful on who you select.

You can try the different COOPs on the island, as they seem to be decent. 

@Luther Wilson III He would be a good resource on this

Message me if that’s not your direct line and I’m interested to chat more about your brokerage

Hey Errol, Im open to getting on the phone with you to give you some perspective of this type of construction and what you should expect if you decide to move forward.