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. 

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.  

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.

He is obviously raking it in with the mentorship, but I am leaning towards the value and cost being in balance.

Putting $5,000 down might allow you to take the full depreciation deduction, while only paying a fraction of the cost upfront, which helps balance cash flow and tax savings.Of course, owning equipment also comes with costs like maintenance and insurance.

That way you also would have a lower loan balance (because each month you have been paying down the loan) and there may be some appreciation.