If he can’t get financing today he likely won’t in 24 months so putting a balloon on it isn’t going to likely work and will just result in you getting the property back but  with needed repairs and deferred maintenance which will be a huge expensive headache .  

Podcasts and conferences are where you'll get the best education.

An education is nothing compared to real-world experience, prepare to pay the 8-10% for now.

Today is 11/11/18.

I am just trying to educate myself as much as possible so when a good opportunity arrises, I can pull the trigger and feel confident.

And in today's connected world, they don't have to be close by.

I signed up for the AdWords Nerds boot camp today.

You know the drop from the inquiry, and you know the credit utilization, but the highest weighted item is your payment history, which you neglect by not using the card regularly:https://www.myfico.com/credit-education/whats-in-y...

@Russell Brazil any champagne bottles in your office today or are you busy raising prices on all your listings?

well this is pretty standard for todays day and age syndicated multi family deal.I think the only issue maybe the refi is not as appealing in a few years with higher rates.. however as stated pretty common set up and common terms.