The two parties either agree on a purchase price at the inception of the agreement...or the buyer may agree to pay FMV at the time the option is exercised.

Hey @Paul Doherty Interesting exercise for sure.A $150k note, is that a non-perfoming or performing?

These are always fun exercises but things are never equal.

Option fees are NOT taxable until exercised or extinguished.

According to the complaint, the employees’ discretion “was exercised in a manner that discriminated against non-­?

You can avoid seasoning if you exercise the delayed finance exception....Good luck. 

Over the last couple of years social media influencers have ran with my brand as a term/category of real estate... much like how CrossFit is both a brand but also created a type of exercise.

I write a letter and just state how long the client has been in business and include this disclaimer.As you know, a credit decision, or any other determination for which this information might be used, should be based upon the exercise of due diligence in obtaining and considering multiple factors and information.

I know the BEST answer is hiring it out, but margins are slim and I need the exercise hehe. 

In Mezzanine debt, the the lender is paid back like a normal loan, or if the borrower defaults the lender can exercise a call option (or warrant?)