I come from the mortgage industry as a loan processor and a loan closer and those legal docs templates we used were created by a  real estate attorney, therefore, it's the same principle that allows a TC to do the same thing.

Any feedback would be great ThanksYes local and regional commercial banks will lend on these projects all day if you are qualified, strong enough financially and the project works. 

This can lead to non-compliance with building codes, resulting in future legal and financial problems for the buyer.4.

These loans often have interest-only payment options, meaning you only pay the interest for the duration of the loan or a shorter period based on the market conditions.

And joining into the deal makers mastermind made my skills super sharp on how to evaluate these deals understanding financials without even having a finance degree ...lol

I'm exploring options within the financial contingency outlined in my contract.

All told, there was about $900K in cash and a $1.8 million loan into our deal.

We have discussed Sellers Financing with a 2-3 year balloon, i just don't like all the liability being on me and it not being though a bank and just a contract, if god forbid something happens to be at the end of the balloon ,then my family would be in a pickle they couldn't just sell the building to help with the financial burden, and would have no use for the building if I'm not there working.

The second property would need to be under a loan product other than a primary conventional.Appreciate it!

First, determine what your lender offers in terms of Loan-to-Cost (LTC) for acquisitions and the maximum Loan-to-Value (LTV) for a seasoned cash-out refinance.