We are located half a mile from Turnpike exit 8A, so let me know if you are interested in exploring this option.

No lender is required to negotiate a settlement, so you might be stuck if that's your only exit.

@Joshua Gordon Make sure you have a couple exit strategies.

My question is what are some of my exit strategies if they back out from this deal halfway through?

We did not fear initial rise in interest rates so having a 1 year refinance or exit strategy was fine with us.

Recently I have been considering my exit strategy from working since I am no longer a spring chicken and would not like to be working in my older years.

Recently I have been considering my exit strategy from working since I am no longer a spring chicken and would not like to be working in my older years.

Great point with trying to move the apartment buildings when the cost of money is high - something that must be taken into consideration when thinking about an exit strategy with buildings that don't cash flow strongly.

From what I've read it seems as though real estate investors (in my case potential investor) always talk about exit strategy, understandably.

That's my understanding as well, to be a bedroom it needs to have a closet and a window (large enough to serve as an exit).