This type of transaction occurs frequently.

Your options are greater ahead of the transaction as opposed to when the transaction has already been entered into.Best of luck to you!

@Obed Calixte The memories that bring me joy from a career perspective are the times when I've had the good fortune of delivering an above-projection return after a successful investment round trip. 

Quote from @Dawn Roy: My response is not relevant to this transaction as it appears everything is going to work out with your lender. 

Throughout my career, I have transacted on over $2.3 Billion of multifamily assets nationwide and managed portfolios exceeding $3 Billion of AUM. 

I've had business and conducted hundreds of sales transactions and find it very underhanded.

Its more transactional than a traditional sale so you want to find out who the decision maker is and negotiate with them.

I have one I've used on 7-8 of my transactions 

Conversations feel transactional instead of trust-building?

And you want the person you’re doing business with (your buyer or seller) to be someone you can rely on to work with you, not against you.This might seem like a silly word to use in the context of these very official business transactions, but I stand by it: You have to pay attention to vibe.You know when you’re not getting a good feeling from someone.