Buddy of mine threw $600 at Facebook ads and got one lead that turned out to be a bot.

Funny how fast you change your tune once you actually try the tool, ain't it? Did you end up buying your own Ramset after that job or are you still borrowing the buddy's?

200 basis points? That's only 2 percent, not trying to downplay it but that's not exactly a massive jump for a commercial strip mall loan. You locked in 2021 when rates were at historic lows, nobody expected them to stay there forever. I'd be more worried about the property's NOI if your tenants are struggling with their own costs. What's your DSCR looking like now? Riding it out might make sense if you got good cash flow, but swapping could lock in a rate that's still way higher than where we might be in 6 months.