I would get the money out of the place that I put in and lock in on a long term loan (30year) and keep it for long time.

Both were locked for 5 years. 

Rate isn't the best, but that might be the quickest way to lock down $55k without paying a bunch in fees or a HML interest rate.

@Peter ClaphamParamount bank in STL for conventional up to 4 units, just locked a cash out refi on investment property at 4% with $261 point discounts (a week and a half ago, rates may have come down more since then).American Bank for commercial real estate loans.Can’t help on private money lender recommendations, sorry.

Locking away dollars in today’s economy is foolish IMHO.

Is anyone with an iOS device having trouble with the “newest posts” portion of the website?

If your tenant is running water from a faucet located on the exterior of the building, you should be able to put a lock on it so it cannot be used.

Everybody loves to go look at a big beautiful home, but signing a contract and locking yourself into the payments is a different story. 

According the terms of the lease, he is in default such that I  COULD immediately lock the doors today and all FF&E becomes my property.

Lock down insurance and close that bad boy out.