I remember when you couldn't sell these for what was owed, so glad to sell in a hot market.Other than not having good cash-flow, do you like this property @Sheena Varghese? 

Remember most people quite in the 2-4 round range.

@Padric Lynch  Yes, ideally have the title company handles it all in one transaction. 

Remember everyone to vote today try to vote for real estate friendly and the regulation local government this is to protect your long-term interests and the interests of long-term economic development and long-term prosperity Whoever you vote for make sure you do it with your community and your stake in mindCalifornia and a lot of other places on the West Coast and East Coast have become to anti-investor anti-landlord.

I do this all the time. the important thing to remember is to make sure that all three offers are deals that you want.another important thing to remember is that with option one or two you need to be able to pay down the mortgage to below 80% of market value before you have to refinance.

But remember,  if you have overall loss, the loss is limited unless you are RE pro. 

The reason I mention this is that about 80% of startup businesses fail each year.Many dream of opening a business but have never ran one day to day so the ideals they have of what they think it will be do not usually match up to the realities.It's a great idea for anyone wanting to start up a business to shadow an existing owner in the field to see if it is really what they want to do.  

Remember: Bargains only...

I deal with several lenders in the NYC and Albany areas, feel free to pm me if you need help in that area down the road.

Always remember that buying real estate is more than just numbers.