Period.

My opinion on the best way to measure this is my running your numbers on the property and decide if you're happy with the cash-flow and rates of return.Chris Clothier is right about the creditability of the provider you're working with, as well as the rest of their team.

In this case you take your three paydays (up front money, rent spread and backend money) and flip the property to the end user within the option period.

Thanks for the advice about the REFI time period, I'll make sure to find the right lendor.David Beard, I like the idea of flipping one and renting one, I might look into that strategy.

The contract was made official and filed with the county in February 2013.Now I would like to refinance, pay of the rest of the taxes, and get some cash out for some more remodeling.

A local bank might do a portfolio loan for you, and after a seasoning period you could do a conventional limited cash-out refinance (maybe 6 mths seasoning) to lock in the 30-year rates.

He also lets me receive my 3k back on my first deal before we split the rest of them.

Per your advice, I will focus on the first 4 and worry about the rest later

I would be shocked if the bank allows you to transfer ownership while keeping the mortgage in your father's name.Kenneth Estes you're right that the bank won't allow it, and does have the right to call the loan, but rest assured this happens every day.

So, a quicker sale with lower margins is often better than a longer hold period with higher margins.Btw, if you don't make a cash sale, I don't know any reliable way you'll be able to sell anywhere near market value to an FHA or conventionally financed buyer.