Admittedly, I haven't gotten to "exploring commercial lending options" part of this exercise, so not sure how realistic is a 6.5% commercial rate. 

My knees on my pants are dirty from mandatory exercises. 49 for one pair.

To add some further color to this discussion, the exercise of a cancellation provision in a contract requires good faith, in that every contract contains an implied covenant of good faith and fair dealing. 

Had few evictions in last couple of years to hammer the need to exercise due diligence in properly screening applicants.

Won't the bank only appraise it at what comps are selling for when your tenant is ready to exercise their option to purchase? 

No doubt that someone in college considering quitting should have go through this exercise before making such a drastic decision.

Don't skip the gym or exercise without health what do we have.

Hi JohnYes using options is helpfulHere is language on one of my option to puchase agreements—————FINANCING This option may be exercised by any or all of the following INITIALED terms:a) Cash or Third Party Financing: Buyer will pay cash or obtain third party financing such as a mortgage or other loan (s) in the amount of:$___________________________ Initials: Optionor ________ Optionee ________ (Term Accepted)b) Lease Purchase: Optionor will grant buyer the option to purchase the property in the amount of: $______________________________whileleasing the property for a ___ month period with payments of $_____________ per month due and payable on the first day of each month with $_________ down as non-refundable option consideration.

I need to find time to exercise so I live long enough to enjoy what I will build, not to mention walk my daughters down the aisle.

Lease Option A B C transaction question: “B” has an equitable interest in a property from “A” with lease option for say 200k to be exercised in 36 months.