This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr. 

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If you ever want to connect, discuss strategies, or get more tailored advice, feel free to reach out.

If you’re just getting started in real estate, feel free to reach out – I’ve been coaching a new investor in the Houston market for a while and am happy to help you however I can.

Side benefits or PM besides free time.

Generally speaking, these are roughly $1500 / pier give or take depending on the crawl space height.If you need anything - feel free to reach out to me (contact info in bio).

He puts a lot of free content out there to learn from.  

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I would need more info to really help, but feel free to reach out to me any time.