It's also easy to see HUD notices on the door as well when you are going at a slow speed - and I get much needed exercise!

Has anybody heard or actually experienced the lender calling the note due and actually exercising this clause.

On the plus side, your goals are an ever changing exercise in the REI world.Sometimes your goals can be achieved through various means towards the same end goal.

It is a good learning exercise to help you understand analyzing properties from different perspectives.

The employing broker is responsible for maintaining all trust accounts and all transaction records, and the employing broker is responsible for exercising authority, direction and control over the Broker’s conformance to statutes and Commission rules (Rules E-29 and E- 30).

Do you have to go the full 5 years before you exercise your purchase option, or can you execute the purchase at any time you desire within the 5 year period?

It is a one time fee usually equivalent to 2 months rent and by paying said fee they are let out of the lease, but they need to give you 30-45 days notice they will be exercising that option.It just helps for when situations like this come up, takes the emotion out of it.

We went through an exercise at the Boise Investor Group meeting one evening a few months ago, using a house hacking example, which illustrated for the market at that time, building was less expensive than buying an existing investment property.

**I have read that "due on sale" clauses are always present in financing but seldom exercised on performing notes...does a lease option side step that as well?

Cash flow is $200 a monthWhen option is exercised in 5-years total profit 62k split with partner.In this example we used the strategies of working with a wholesaler, hard money lender, the BRRR strategy, and Lease option.