A little hard to tickle people when I can not tell who I invited already or if they made a decision.

I have never specifically used options to tie up real estate, but have traded stock options and thought I would throw in my .02 cents on risk.Any option is simply a contract between two parties where one party pays a monetary amount up front (premium) for the right, but not the obligation, to purchase some asset at a set price over a specified time frame.

Through our vast networks we do a lot of financing deals, buy/sell side of hotels/casinos/bulk REO, import export, trading commodities, and entertainment.

Fresh air in the Rocky Mountain High---good for you...Trade in the second car for two snowmobiles, you'll need'em...

Little did they know that in another 2 years JDSU would be trading at $1.

I waxed poetic about being 'retired' by now-- having 'systems' in place to do all the cr*p I basically have to do day in and day out.I traded my 9 to 5 for a 7 to 7 because I LOVE it, but my wife likes to needle me about my grand ambitions and wonderful plans for freedom and so we've sort of dubbed the phrase 'fool time' investor as a play on 'full time'.

There are plenty of other people who face the same decisions you are facing . . . don't sweat it too much, it will come to you!

If prices are falling, the ARV will be less by the time you're ready to sell.Banks make their decisions in their own good time.

They do the due diligence on the borrower and the property and provide me with the info to make a decision.

You may want to consider who will manage the property and make decisions about when to sell, trade up, etc.