It’s things like that which make this decision more than just a legal one-it’s about how organized you can be.Something else to consider: lenders often want you to personally guarantee loans, even if the property is in an LLC.

I finally was able to speak to her - she confirmed she's planning to be out by the end of the month.

Quote from @William Causey: When choosing a private money lender, how do you weigh the importance of flexible loan terms versus fast closings?

If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common

That could trigger your due on sale clause and force you to get a new loan.

Keep in mind though it takes some long term relationships to pull off Horizontal and get bank rates.. your not going to just walk in and get a loan..

 $24,000 loan from the government at 5% or $1,200 per year for 15 years or $18,000 savings.  

They want to put 75% leverage including interest only 3-4 year term loans on their acquisitions. $600M total potential acquisitions.

This way the commissions get rolled into the loan (in most cases) and buyers (most of whom are using financing) don't have to pay their agents commission out of pocket in addition to their down payment.

Quote from @Samuel Coronado: Quote from @Todd Fry: Well I know it's been a few months but I did want to give an update finally.