While the condo association handles some things like exterior maintenance, it is often done at a high cost.

Having the higher payment associated with the commercial loan will make that more difficult to reach.If the numbers do not work with a commercial loan or if you don't have time to get everything in place you can get the loan in your name.

There's a 33% non compliance within this association (ie. owners in arrears for several thousand, absentee owners, actual residents not paying dues).

REIA NYC General Meeting and Relaunch Networking Celebration-   https://goo.gl/A3rkaYMonetize Your Passion & Real Estate Business Building Workshop- https://goo.gl/3WXrgdThe Strongbrook Real Estate Blueprint for Brokers and Agents ( You don't have to be a broker or agent to attend) - https://goo.gl/Is8EODJust an FYI - becoming a member of a real estate club or association is the single most beneficial step you can make to insure your success!

In order to show that the loan is made on an individual basis, that lender/borrower must show a personal relationship, being introduced through other friends, family, business associates if they don't have a personal relationship.

Rent to own, lease option, etc.Attend a local REIA (Real Estate Investor Association) meeting in your area.

Is the podcast just referring to annual fees/taxes associated with the existence of the LLC itself or is there some tax levied on income at the LLC level as well? 

In most offices you are free to attend even if you are not associated with the office. 

Is there financing associated with the purchase?  

Also, hard money loan interest rates can be based on supply and demand, the risk associated with the asset or borrower, or even the speed at which the loan must be funded.