Posted by Joe Kaiser on December 28, 1998 at 23:31:18:
It’s always a good idea to have things thought through so you don’t end up wondering how to get yourself out.
You don’t need a big strategy or anything at this point, you need a tenant/buyer who will put a few dollars in your pocket, fix it up and refinance in sometime down the road. If you structure it attractively, the phone will ring like crazy.
And forget about that “qualified buyer” thing. My typical tenant DOESN’T qualify for much of anything.