Would also tie it to a lien waiver being signed by the vendors, might be something else in Texas, I'm from Louisiana. 

Shirt and tie for an formal appointments.

I personally use $1 earnest money deposit to tie up the property for 60-90 days. 

How much of your capital will this deal tie up?

My cash is tied up at the moment and I am trying to find suggestions about how to best structure the deal.  

Who knows when that could happen - meanwhile your money can get tied up while you wait.4) "Why would a property owner...?"

I'd like to offer the $1Million and tied it up so I can assign it to an investor that I know would love this.

I'm trying to be a long-term B&H investor and buy where it makes sense.Nowhere else in the world is the local housing market tied to the fortunes of tech companies -- many of which are the object of a speculative mania, with PE's of 1000 or more -- as is the SF Bay Area. 

I would not worry about the loans at less than 4% until you are in a much stronger position.Just remember every time you pay those loans down you get a guaranteed 11.25% return on your money.

It seems like our market is hot and is booming with builds/renovations that good contractors seem to be tied up.We welcome any insight you may share regarding your experiences with 203k full loans.