If I go ahead with this loan, I can wait and see what happens 10 yrs down, pay down the loan over the 10 yrs to reduce the principle further, or try to refinance at some point to a conventional 30 (with added cost though). 

Sadly, we were a couple days too short to tie up the land; however, the experience was very valuable.You can find good deal through real estate agents, especially ones which you have relationships with whom can show you off-market deals.I wouldn't say commercial is harder; however, if your looking at straight conventional financing, typically it will be riskier.

Louis.I can’t wait to get into that and hopefully hear what some of you have to say.I would love to hear feedback if you have it.Go ahead, leave a comment.I won’t bite.

1st, you need that idea ahead of time.What guru thought this ratio up?

Once you know and understand the market, you'll be one step ahead of the game. 

My thoughts, straight up!

Notes can be straight forward then they can be very complicated..

I knew deep down that its the people who follow through with their agreements that come out ahead in the long run.

DO NOT WANT TO GET AHEAD OF MYSELF AND LOSE IT!

Some have been in business for decades with second generation owners, some are newer with only a few years in the business.Without fail, the vast majority of my calls (70% plus) go straight to a voice message/voice mail system.