Also, price and activity are creeping up broadly in the market and since we don't need to fire sale it, are trying not to.Want to sell the home and not see tenants/leasors/etc tear it up (purely emotional) so this will be strictly a conventional MLS deal unless I de-list and sell it at a flip price at the local REIA.

Locking in a price that is at least $10K above market isn't a wise move from a purely financial perspective.

Perhaps you want to appear to be a pure "cash buyer" when bidding.

Hi Jarred, I am doing acquisitions (buying) sub2 and lease options, and selling on a straight lease and pure option, and having all tenant buyers go through a RMLO regardless before they move in.

Alright, from a pure investment point of view.

@Jerry Gurley I was speaking purely on a numbers basis.

However that same lender is a little more reluctant to finance some new development flips I'm doing because they view it as purely speculative, which it is.

So you have 23 years of pure profit then.

Purely on mid city, I think this is a nice area with booming RE.

See http://www.consumerfinance.gov/regulations/ability-to-repay-and-qualified-mortgage-standards-under-the-truth-in-lending-act-regulation-z/ Even if you are just renting with a pure option, send them to the RMLO for a written opinion.