Quote from @Rick Im: Does anyone know of a lender that offers second mortgages on rental properties?

Over the years, I’ve learned that offering tiered returns can be a win-win strategy—it rewards investors for their level of commitment while helping us maintain flexibility in our business.

I have recently worked with a company that has an excellent offer.

An NFL player at 250 lbs is going to be a different fitness level than couch potato that weighs 250 lbs.

I offered to break the lease but tenant did not take it. 

Determine your maximum allowable offer (MAO) based on your investment criteria.

Nice…You can’t offer less for a property full of fire rubble (lead and asbestos?)

@Johnny Lynum we did offer them an aggressive cash for keys amount to get them out as soon as possible.

Now, moving forward he offered for us to take it over completely.

Maybe they are offering financing because no traditional lender will lend on the building.