How would you characterize your area, is it low income rental properties or more moderate income properties owner occupied?

- One method is 85% cash out using FHA since FHA will allow use of rental income from "boarders/roommates," while conventional financing will not, down side is hefty monthly MI payments but the effective overall rate is still much cheaper than your current of 8% with 3 year balloon - it also depends on how you file your rental income or if you dont file it and take the rental income as cash this can change the characterization of your property from primary, to rental, etc (how loan underwriters will look at it)The above is how I would review this file from from my perspective feel free to add any info about your scenario or PM me if you have any particular questions.

It really depends on state laws and the proper characterization of a lease-purchase.

What is the threshold in terms of $ amount for a property to be characterized as a commercial property from a lenders perspective?  

Troy Fisher characterized the former as motivational, and it can be, but it's also just keeping in the mindsets you need to be successful.

You guys who are characterizing me and my motives have never spoken to me and have no idea what my ethics are.  

Is the instillation of a radon system characterized as an improvement for tax purposes or would it fall into another category?  

The affordable markets are generally characterized by more liberal land use regulation, which is associated with greater housing affordability."

@David IvyI would not characterize it as misleading.  

I had told lots of friends "Go start a business, because if you work for someone else, there's always a limit on how much you can make".To characterize this as a "See spot run" of real estate books doesn't quite give it the credit it deserves.