![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2797333/small_1689889165-avatar-christiani36.jpg?twic=v1/output=image&v=2)
7 May 2024 | 34 replies
It's not just about agreeing on the numbers, you also have to figure out things like: - Financing terms (what rate, duration, amortization schedule)- Balloon payments (sellers typically will require 5yr balloon payment, expectation is you would refinance into conventional financing before then)- Renewal options on above (sometimes sellers can provide another 5 year option to keep seller financing amortization schedule, they can charge a premium for this etc.) - And much more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833282/small_1621515958-avatar-joshm405.jpg?twic=v1/output=image&v=2)
6 May 2024 | 5 replies
The question at that point is what are you really providing to the community that would attract donors?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1231545/small_1715123915-avatar-edwinw6.jpg?twic=v1/output=image&v=2)
6 May 2024 | 8 replies
We also use AppFolio and we also have it integrated with a lot of other software that has allowed us to provide even better service.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3014328/small_1714919431-avatar-krishnas36.jpg?twic=v1/output=image&v=2)
7 May 2024 | 9 replies
But the process was horrific. 2 lenders who kept giving mixed feelings until they both provided a commitment letter but 10 days apart so went with lender 1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/38657/small_1706196176-avatar-josephvscorese.jpg?twic=v1/output=image&v=2)
6 May 2024 | 1 reply
He specializes in providing financing solutions for a range of projects, including bridge loans for 1-4 Family Investment Properties, Multi-family, Mixed Use, Ground-up New Construction, Fix & Flip, Fix to Perm, and Bridge to Stabilization.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3003915/small_1713888562-avatar-elainad2.jpg?twic=v1/output=image&v=2)
4 May 2024 | 13 replies
I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2977829/small_1710960863-avatar-brandonc812.jpg?twic=v1/output=image&v=2)
6 May 2024 | 6 replies
I am unfamiliar with the rules in your state, but having an agent outside of you provides a layer of anonymity or protection.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1175335/small_1621509882-avatar-clintond7.jpg?twic=v1/output=image&v=2)
6 May 2024 | 2 replies
Quote from @Clinton Davis: Tenant should contact his auto insurance provider.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2389783/small_1666024301-avatar-tarikk2.jpg?twic=v1/output=image&v=2)
6 May 2024 | 1 reply
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3008884/small_1714403297-avatar-arenss.jpg?twic=v1/output=image&v=2)
6 May 2024 | 2 replies
Or will the HD lender provide additional funds for construction?