I'm exercising all parts of the site!

This is risky if you don't have a way to pay off the loan on demand because the loans will be instantly callable because you will have to exercise the due on sale clause with this financing.  

It's not so much I'm purposely checking it then, but rather, I'm looking into my "books" already so it's an easy exercise to do so.  

And lastly your saying that I can also get 3% when the tenant buyer exercises? 

So PITI would be around $500 per month.I would be cash flowing around $400 per month plus if they exercise their option to buy after 2 years, the sales price would be around 90K after taking off their option consideration (3% = $2850) and the monthly credits (24 months@ $100 per month = $2,400). 

As for the nice fixed 30y loans that Bryan mentions, you can still get them in your name, close in your name, move the property into a land trust (or generic grantor trust in states like Nevada), and then assign the beneficial interest of the property to the LLC.Having the property sit in the trust as far as the recorder is concerned ensures that the bank won't exercise the due on sale clause.Jean

I haven't run stats, but it would be an interesting exercise. 

You know what I'm talking about, "take this pill, eat like ****, don't exercise, sleep 12 hours a day and you'll still lose weight".

That's a very expensive option to exercise on a preforming loan.Since I have restructured my assets, I have put all new property in individual LLCs.

All properties in that desirable subdivision are estimated/recently sold at $330k and above.I am thinking of presenting the owner with a lease purchase option (not sure if this is the right name for the process) but basically my plan is to offer to purchase the property for $300k within the next 3 years but will lease the property in the meantime for a maximum of 36 months before exercising my option to purchase.