But using two seperate contracts always works and using a contract that incorporates a lease and an option only in limited situations simply is nothing more than a seperate product to be marketed, it serves no unique function that would not be accomplished with two agreements.You need to begin at the beginning to understand concepts used to buy, use or control a property.

I am not being snarky or anything else I am looking to understand from your side of the table. how can one go about finding the best deal on a loan without offending the loan officer.

Every state has unique laws.

That potential option is now off the table, so I would like to sell it and reinvest in a property with positive cash flow.So, I'm looking for a win-win solution here.

Do some habitat builds, intern for a commercial real estate company... take adavtage of the unique envirent of college.

Otherwise, the advice may be incorrect and cause you harm.Every state has unique laws.The attorney will review your specific situation and then provide the best advice and options for your specific needs with a consideration for your future.

Every property is unique, every situation is unique, every seller is unique, and your goals are unique.Therefore, what will work or is acceptable to me may not be to you.Finance options are basically limited by one’s creative mind.

In it's current condition, my dad would have to bring 20k+ to the table to sell the house.

A liquidation now does not allow the investment to realize future interest payments and thus you are looking to leave a portion of total return on the table. ($4k in interest accrual) As you can see above, periods 19 through 47 have equal Total Returns but the contributors (discounted principal and interest yield) will have varying effects on the total return percent and yield.

Also, buying a note after origination and closing will put you in the position of being a lender, this is called "funding at the table".