The stronger investors have started raising the floors and the prices due to zoning changes and free money.

Much stricter lending and loan servicing compliance, time lines for disclosures, etc.You have settlement disclosure changes going into effect next month.We now have stronger predatory dealing and lending laws at the state and federal levels.The IRS will now be looking at "Economic Benefit" and "Intent of the Parties" to define disguised sales. 

I would prefer a P&S agreement over an option agreement mostly because it's a stronger document with more spelled out rights and obligations.

Chantelle If you want to help him buy it the best way is to fill out a 1003 mortgage application which is a federal form you can find on the Internet  Then find a mortgage broker to look it over  I would march him down to the bank and open up a savings account to save up 3 to 5% for a down payment  Wells Fargo just created a 5% down plan which might be better than the FHA program Charge him market rent and give him a right of first refusal which protects him for a period of time.If he needs help creating a stronger FICO score, have him open up a secured loan with the bank for a thousand dollars, and apply for an installment loan that's  securedAlso have him open up a secured Visa card If he can create new positive credit references, it'll help his ability to get a mortgage.I coach seller financing so if I can help you let me know

Im not worried about what to do with the cards or really how to get them, I am trying to find out if using mortgages, since thats what I currently have easy access to, will help build my business credit profile, quicker, better, and stronger? 

They see pricing from 4 years ago and now want to jump in with stronger economy but want 8.5 caps or better on high end quality stuff.

Sorry to hear about your situation but often times this will help you bounce back twice as stronger!

Or whether only one of you (stronger borrower) is in the LLC?  

Learn though mistakes and don't be afraid of mistakes as it will only make you stronger, wiser, and confident.

It seems this would be a stronger motivator for someone looking to stay longer than just one additional day.