Lease options are considered loans if the renter/borrower” is attempting to build equity in their primary residence.

The number is almost irrelevant as it attempts to create one particular view on how to price mortgages but savvy lenders can use it to lure unsuspecting borrowers to a "lower APR," that may end up yielding the borrower a higher overall cost of funds.It all depends on your time you'll be holding your note or property, closing costs, and opportunity costs in your given situation that will ultimately determine which type of product or strategy will yield the lowest after tax cost of funds.

I am not attempting to create any gimmicks or tricks but want to do it quickly with limited disturbance to the tenant or my schedule with having to do numerous showings.

At Tenant’s expense, Tenant removed the broken glass, and when Tenant attempted to stabilize the window, said glass broke on him, lacerating his arms.

@Stacey Olson To  attempt to advise you, I need to know what your plans are for this house.  

No attempt at price fixing, just an observation:)  The difference is in how you address it with your client.

This is the step which will tell you if you need to pay down your student loan/car loan first, before attempting to buy the kind of real estate that you want...Incomes on one side (include your job - monthly gross, 50% of the rents you would expect to get from the other units) and one the other side, your debts (monthly car payment, monthly student loan, and an estimated monthly mortgage payment ) - if your ratio of debt to income is less than ~42-44% then you won't have to pay your loans off first to start investing.  

In these areas where the competition is fierce, properties rapidly appreciate, and selling for top dollar this is common.The question was asking for solutions and that's what I have attempted to offer here besides "offer more $ and if you loose you loose", pretty sure he already knows that thus he posted this question looking for ideas.Isaac: As I stated before adding $125 to your offers on properties (OF ALL ORIGIN) will help you land more deals period.

If so, try to collect.But before assuming that this mortgage is still in effect, I would attempt to see if it actually should be satisfied, especially if you say a warranty deed was issued.  

It would be very hard to prove someone else is living there and I wouldn't attempt to use that as a reason to evict.