I'm at a loss as to how to structure it so that it makes sense for both of us.

Here's the basics on the house:--4000 SQFT (including 1000 SQFT finished basement--6yr old central unit and unknown age second unit--excellent foundation with no to very minimal settling--split level with large bedrooms and large bathrooms--1.5 acres lot in a good neighborhood with a few million dollar homes a couple of streets over--nice but neglected landscaping--built in late '70sFannie Mae wants $179k but it needs everything on the inside.

I would assume you could hire a lawyer to structure the terms of this option contract to meet your specific needs (the size of premium you would offer, the selling price of the land, the time frame that the option was good for).

I would think we are talking about a condo or town home given there is 1 structure legally divided into two.

Repairs-windows, refinish hardwoods (beautiful floors throughout, just need sand/refinish), kitchen needs counters, bathrooms just need quick overhaul (toilet, vanity, sink), paint, and thats really about it.....I "guesstimate" no more than 10k on the very high side, and with me doing the work, def well under 10k.

It needs bathrooms etc.

Keep in mind that they will be more reasonable with a deal that just happended to be structured like that than they would be with a business practice that runs that way.

:clap: If you do not mind tell us more about how you structure your business relationship.

My folks had a rental and I helped them do some rehabbing, things like plumbing, paint, putting up sheet rock, tiling, adding bathroom fixtures, and other stuff like that.

i have the deals my friends have the credit and collateral, how do i structure the deal for a win win situation for us.the first property is an investment property.