In the explanation you gave above, it seems that it would be more secure to invest as private money lender as you can take back the property if they are unable to keep up with interest payments.

I just got this explanation regarding my commercial loans with my local credit union - “As for term notes, the three payments are added to the end; the maturity date is extended at the same time“

It will be a tough explanation for a field agent if ever audited. 

It could have been transferred but you would really want a paper trail that states that, if they can't come up with a good explanation this would be a huge red flag.

Your explanation is way more professional than mine !

US owe us an explanation!”

I understand that this is the base for the apartment complex analysis, what I am having a hard time understand, you pulled a number out the clear blue sky with no explanation on where it comes from or how you derived at it, and it's that .10 (point 10) that can change everything if I wanted to make it higher or lower, so what justifies the .10?

Guess I was looking for a general explanation of common strategies for partnering when one is looking for long term gain and one is looking for short term.

@Joe Vileneuve,thanks  a lot for your explanation !

The explanation provided by the affiliates is that they have done stellar rehab on the homes so they are worth the extra money    I don’t know how investors are fairing because the margins are tight at this point in the market in Ohio.