How do you determine your exit strategy?

[Cordero Abdullah]

As I'm learning and building my multi family operator experience, I'm curious to know how experienced investors/operators detemine their exit strategy for a property?

If your exit strategy is to refinance after 3 or 5 years, what do you do if this isn't a viable option? 

Interetsed Interested in hearing how seasoned investors have weathered the storm and navigated difficulty exiting a deal. 

Thanks!