I think its a strong investment but will need to research what options are out there and think creatively.Joel, I will definetly follow up with you via email to discuss our goals further, I greatly appreciate your offer to provide some advice!

They won't even discuss selling it to anyone prior to this process in my experience.

I think maybe he's discussing balloon loans.

It is a big OUCH to have to pay 4% RTT for transfers in and then back out of LLC when people try to get financing in their personal name (and then want to do a refi similarly).This other thread discusses PA transfer taxes, and I have some more info there that you should consider:http://www.biggerpockets.com/forums/93/topics/80878-transfer-taxes-on-contract-assignments

This has actually been discussed many different times here Angela, many different views on it.

We haven't discussed the terms of a lease option yet, but she appears to be very open to doing an option.

I would stop by HD and setup a contractor account and discuss options with them.

Is this the program being discussed: http://www.pittdeals.com/custom/index.cfm?

Mark Hu I don't have an answer for you, but I know that type of deal has been discussed.

I always discuss seller financing, and have had success so far.