My attorney is looking into it further, but said we may just have to extend our actual closing date further to cover the original rent back time period.

A direct loan is all we can offer to applicants who meet the set criteria for Insurance Bond loans.We shall commence the funding modalities once you procure the Insurance surety bond.We would fund your project as a debt financing at 5% ROI for a duration of 6-7 years provided that you are ready to procure an Insurance Bond to act as the security for the funding.The insurance bond is collateral security obtained from a reputable insurance company situated here in Istanbul Turkey which will serve as a running collateral / guaranty on funding.

The tenant has already been there for a year and currently wants to extend for another year.

Seller gets some money up front and a shorter risk duration.

Seller understands that if property is not marketable, for whatever reason, buyer will be refunded the total earnest money deposit.TIME BEING OF THE ESSENCE, this Agreement will be closed on of before ________________, 20____, and be extended as necessary to complete all paperwork required.ADDITIONAL TERMS, CONDITIONS OR EXHIBITS:This being the entire Agreement between the parties, they approve this Agreement on this _____day of ________________, 20_____.__________________________________ ______________________Buyer DateI/We as Sellers accept the above contract.__________________________________ ______________________Seller Date__________________________________ ______________________

So I may extend the radius once they grow up a little..

Deferred maintenance could be expensive if it extends to the central systems and you need to know that going in.

Trying to get an extra 10-15% a month gets wiped out with the 1 or possibly 2 months of extended vacancy.

What if you over extend yourself and your plans don't work out?

When he leaves for extended periods.