If I buy a house for $500,000 with $100,000 down and sell after 3 years with 7% increase each year how much would my profit be and why?

Contracts were sent out and I was about to sign but I found out on my own (it was never stated in the listing) that this house is mandated by the town to be raised and my offer did not take that cost into consideration.

Are you able to refi because the property has increased in value, or were you able to make principle payments from renting the other half of the duplex?

Can we have names of specific lenders and what would be a ball park increase in interest rates over a conventional loan in a personal name?

The option consideration is just what it says: the opportunity to purchase the property for a price in the future, but not the obligation.

You should be able to raise rents with a rehab so your cashflow should increase over time.Dont stop putting money into the property checking account.

It's good to know about options to keep our private considerations more private.

I retired early nearly four years ago and needed to increase passive income to fill the income gap created by my paycheck's ending.

See #1.3 - They CAN give you an Option Consideration (100% of the price of the option) that is at least equal to what you used (you will have already closed on your purchase of the house) for the DP & closing costs.4 - If the above #1-3 are followed, the numbers read like this:   a - Your cost(s) are:         1 -  the DP and closing costs and,         2 -  the Mortgage Payments and Tax/insur per month   b - Your tenant/buyer (your income) gives you the Option Consideration and the rent, and           pays for the rest of the monthly expenses (i.e...utilities, etc...)5 - You profits are:   a - The spread between your DP/Closing and the Option Consideration   b - The spread between your monthly costs, and your monthly incomeJust don't mix the lease agreement with the Option to Buy agreement...in any way. 

It's factored into the cash-on-cash return and increases it so it makes the returns look much better and the property more attractive in certain ways.What is this principal reduction?