Just my messed up mind running through thousands of things on my plate.When I am just in a relax mood, I like the blues/ classic rock To Learn it's usually a class (online or in person) where I take frantic notes (that I never look at) to associate hand, mind, ears.

My mortgage broker had the idea of locking in the 500k with the family, but having them do a 50k gift of equity, leaving me with a 550k loan but being able to pull 50k of that for renovations. 

Plus, in our county if you file an appeal and win, your adjusted tax valuation is locked in for 3 years!

There's another local credit union who will give a 10  year lock, but the interest rate is about 100 bp over what I'm paying now.   

I'm all ears.

If you have any advice (Do's - Don't) (Pros and Cons) or just your journeys and experiences i am all ears. 

This way, we could have the benefit of locking in the option to buy the property but we wouldn't have to qualify for the loan just yet.The way I think this could turn into a "househack" of sorts is if we found a different property to buy, instead of following through with the option, and then turned the lease option we were in into a sandwich lease option and started making money on the property after we moved out.

Surety bonding protects you from all non-performances and locks in your price, so bonded contractors will make sure that their behind is covered on all worst case scenarios.

So you're locked in at 125k with ARV of 140k and rehab of 5-9k. 

Make sure you draft the financing contracts since you want to avoid being locked in at a rate for longer than necessary.