2min chapter

Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

TMBA610: Building Deal Flow from Social Media and Content Marketing

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

Don't Do Balloon Loans - It's Just Not Making Loans

There are a ton of loans that are called like balloon repayment loans where there's a set date on which you have to repay the loan. In general, your choices are you either have to refinance the loan or sell the property. You just don't want to be in a position where forces outside your control can either take your building away from you or force you to sell it.

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