What do you negotiate in your loan docs?
When receiving a term sheet/commitment letter, what are you typically looking out for in the loan documents for either a 2-10m dollar construction loan or stabilized MF building? Anything to look out for?
Bump
I'm not going to get into all of the basics, but one thing we've been doing lately is ensuring we can pre-purchase materials and store off site at much higher quantities than usual. Material pricing has been all over the damn board lately.
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