Loan Term and AmortizationCommon Term Lengths: Loan terms for seller financing vary but often range from 15 to 30 years to keep payments affordable for the buyer.Balloon Payment: Many seller-financed deals include a balloon payment due in 5 to 10 years, at which point the buyer would need to refinance or pay off the remaining balance.

How do you typically balance cost versus quality when outfitting a property?

The data says we have at least 3-4 more years before we could return to a balanced market.

Commit to spending less, paying off high interest credit cards, maintaining positive cash flow in your personal finances, and cleaning up your personal balance sheet.  

They may have the balance sheet and backing now to deliver more of them, but they need some consulting advice from an apartments developer.

The 40 year term with the 10 year interest only period makes more sense for higher loan balances as that's where an investor can see $100s in savings in monthly mortgage payments. 

It’s all about finding a balance that works for everyone involved.Regarding closing with short-term private money, it’s an option, but you’d want to weigh the costs and ensure that it doesn’t eat into your profits too much.

Second example: I purchased a first lien note secured by a very run down shopping center in which the principal balance was $470,000 - I paid $255,000 for the note.  

There is, however, a problem getting them to communicate with tenants so the tenants begin paying bills themselves, so you don't have to spend extra money every month;- Your account must have a minimum balance of $500.

@Walchli DonnaAs an fyi next time you do this use a licensed loan servicer and charge it back to the borrower - it’s $25-$30 / mo and they handle all the payments and loan balance as well handle all the tax documents as well.