Hey Catherine,We classify it as a 'Delayed Purchase' and set it at 80% of purchase price. 

He was my roommate before I purchased additional rental units.

Ask for that off the purchase price or however you see fit, or kill the contract.

I responded to her FSBO ad and made my offer which she happily accepted: a 36 month lease option; I'll bring her mortgage current, (1 month, $800), and continue making the monthly payments; option to purchase price of $88K, (my estimate of value, $100K); and I had the right to buy, sell, sublet, or assign the property at any time during the 36 months.

The house they are renting is probably 100 years old and I purchased it for $10k.

Purchase price: $190,000 Cash invested: $60,000 Sale price: $355,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Brittney Sciandra, successfully completed a fix-and-flip on Church St, Baltimore, MD 21225.

I noticed that robinhood reports much higher numbers than actual purchases to the IRS.

I purchase but and holds so I can usually get you paid more than flippers. 

I am trying to refinance a my mixed use property in NYC, who are the best banks to accomplish this?

I thought that loan was based solely on the property that you're purchasing.