Terms For A Commerical Property. First time...

[Tariq B.]

Greetings all,

For the last couple of months I have been going back and forth with a seller on a +5 unit. During that time while I was sort of stalling to figure out the down payment situation, someone came in and offered full price. It went under contract and I ended up getting a new flip instead with the goal of using the flip proceeds for a down payment should another commercial property pop up. Fast forward a couple of weeks, for some reason (I don't know the details) the seller increased the price 40K and the contract fell through as the poential puyer low balled back. 

All that to say, the property is back on the market. I have never gone into contract on a commerical property. I'm using the sellers agent. Obviously he has the sellers interest at heart. What are some terms I should be putting in the contract. I am familiar with buying single family homes, not so much commerical properties. I know the game is differen't so hoping to get some advice from someone, that has "been there done that". 

I would need a good 2-3 months to get the flipped finished and sold just FYI. 

Thank you in advance!

Tariq