Treat people well, and they might stay out the duration of their lives.

Any duration after the expiration date is considered the Hold Over Period.

DaveHas anyone had any experience with:On Feb 25, 2017 9:59 AM, "Benison Goredenna" <> wrote: Hello, We received your mail, we will loan you the money but before then, here are the terms for the loan.LOAN AMOUNT: $200,000INTEREST RATE: 5%INTEREST RATE PER YEAR: $10,000INTEREST RATE PER MONTH: $833MONTHLY INSTALLMENTAL PAYMENT: $3,214LOAN DURATION PERIOD: 7 YEARS (84 MONTHS)LOAN REGISTRATION/SECURING FEE: $890 AND IT CANNOT BE DEDUCTED FROM THE LOAN AMOUNT BECAUSE IT IS NOT AUTHORISED.

Or is it more like, BankA offers a product and it's always structured a certain way, has a certain interest rate, duration, etc?

Get some solid estimates of hard costs, soft costs, duration and possibility of lease-up before completion.

When the interest rate goes UP the price of real estate goes DOWN due to the simple fact that now the borrower is paying MUCH more over the duration of the loan. 

After the lease duration is up, then you can notify the tenants that their rent is going to go up and handle the situation from that point on. 

Every lender I know, that lends to investors requires multiple disclosures (ie legal documents) stating that you will not be living in the property, EVER, for the duration of the loan, and that the loan is B2B purpose only. 

A lot of investments, short durations, many transactions, it most likely less expensive in an LLC unless you have to hire somebody to do that for you. 1 or 2 pieces of real estate (buy and hold) may be better with an administrator. 

So both risk and duration are high.