Most real estate education focuses on finding deals or raising capital. Almost none of it covers the moment when a lender slides a term sheet across the table and says, "sign here."
That's where fortunes are lost.
This module is your defense. We're going to dissect real term sheets, line by line. You'll learn what each clause actually means, how lenders use language to shift risk onto you, and most importantly—when to walk away.
The Deal We'll Examine:
12-unit apartment building. Purchase price: $1.2M. Down payment: $240K. The rest is borrowed.
By the end of this module, you won't just understand term sheets. You'll see through them.