highlight_post=5222888&page=1#p5222888https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

I'd be interested to hear others that have specific experience with them. 

Everyone is there to learn and connect, and everyone started out with no experience. 

In my experience many unlicensed wholesalers operate in a grey area and often cross over into what is obviously brokering real estate without a license. 

My actual experience has been very varied.  

Quote from @Phil Petite: Quote from @Scott Gresham: Hey Phil,I live here in Memphis and can say from experience that Tennessee makes it easy to setup an Llc. 

My experience was mostly doing SFH/Duplex/Triplex etc. and had experience in larger multifam. 

Ask an attorney for the cost breakdown, factor in holding costs, assume they'll do more damage on the way out and then ask for a bit more for the headache.But again, especially with no experience with evictions and it sounding like a mess, I would be very tempted to just walk if the tenant is not going to cooperate. 

If so, what experience have you had?