The margins are not there for a wholesale but they are DEFINITELY there for the rehab, low ball estimate if held for 90 days profit is about 30k.

No one has a crystal ball and knows how long rates will stay this low but in my opinion I would ride out the 2.8% as long as possible.

Another is because I started behind the 8 ball financially I will have to go the zero down route.

And HUD receives the low ball offers every day.Joe Gore

If the strike price is for less than the loan you are just going to have some seriously pissed off buyers when they can't buy the house when they exercise the option.  

Mainly because rates are low, rents are high and it's generally easier to evict rather than foreclose.Hypothetically:100k house rents at $950 give or take depending on area.Lease option gets you $950 and $3k in option money, plus some back end money if the exercise the option.Sell it at 10% down and finance the rest at 6% and you're getting $450 a month in interest, plus the p&I payment.

If there is something missing in the application or if he finds a discrepancy in what the application says and the information he discovers he makes the prospective tenant aware of the issue and puts the ball in their court to try to correct the discrepancy. 

As an alternative, you can probably insert an early termination fee amount so it provides flexibility for the tenant to leave without having to deal with subleasing issues; however, you'd have to consider worst case scenario: Tenant exercises the early-termination option in December, which places you in a tough situation as a landlord in the Chicago area. 2.  

You may be speaking about buying a property "Subject to" the existing loans, or"Lease with an Option to Purchase" which is just that, you lease the property for a specified period of time, during which you can exercise the Option to Purchase and buy.

I currently am an exercise student.