Quote from @Sarah Vann DuRant: Hey guys, I have a deal just over a million that we are structuring pretty creatively.

I suggest that if you have to 'persuade' the owner to go for a LO, you're likely approaching it the wrong way.Personally, I always preferred getting a deed over a L/O.

@Steve Burt@Brett Burky is right about converting L/O’s and CFD’s to Mortgage/DOT’s as that should provide a “value-add” in the note business. 

., I may have some LO's that can help you out. 

Remember Im lo acshave, ain matai.

You should have been given the option by your LO to decide what to do )you might have been able to extend the old rate at a cost too and negotiated the cost based on why it did not get closed on time).  

I use the same method when I'm trying to figure how much I can L/O a property once I've acquired it.

(Which, just recently, I had to replace two outside a/c condensers which cost $6,000 l o l)The objective is to buy 60 doors over the next 5 years and hold them as long as I possibly can until an offer I can't refuse comes up or I find a multi unit place that makes more sense than the single families.

With the LO I’d still have to 1031 or MIS to defer gains but at least it gives me some thinking time.

Congrats on wanting to get into the game Lo!