I know that one is pretty popular, or at least it was a couple years ago, not helping us out one bit!

However; when land in popular areas is scarce, etc. the prices will still continue to go upward.

While these are valid choices, the problem with these types of loans is that they require an excellent personal credit score usually within 760 and above, as well as an established business with good cash flow every month.

@Mark LangdonConsider giving them a choice of items that will improve the value of the property.

Until then, it is way too cold to get in by choice.

If I pay off the mortgage I have $600/m in profit and will pay $150 in income taxes however I will have $450 in my pocket.Between those two choices with income taxes being the deciding factor then it is better to pay off the mortgage to have a higher income and only slightly higher taxes.

If it were $55/month, you are effectively borrowing the other 16.5 percent of the of the deal for $660/yr. divide this by the amount down you don't have to come up with then and see what it is costing you (effectively its interest rate)So basically if you are intent on doing deal 2 in a couple years, that may make your choice for you so that you don't checkmate yourself right out of the gate.

Ethics is a choice, and if you are in business for being fair to all, you will do the right thing, e.g. extend the lease and extend the option to help the buyer buy it.Or you can have the ethics of a car salesman, ie caveat emptor, let the buyer beware.Your choice.

And the choice is yours!!!

Before you send them out make sure the property mgr sends a notice with the proper lead time so the tenant has no choice but to let them in.