Thank you @Justin Case @David Sugg @Val CsontosI appreciate your comments.David, to answer your question (I realize you weren't necessarily looking for answers but more for me to ask myself those questions, but incase others want the answers for their feedback).The current tenant will be moving out this fall (building their own home) so the improvements are for the next tenant, the idea was to complete the work while the current tenant is in place and completed before marketing for next tenant.Yes the addition (finishing lower level - 1 bed, 1 bath, living room) would add value if I were to sell, and more important to me increase rental income.No super sexy deal as an alternative to this optionIt would take me 6mo to replenish my war chest to the same levelWife doesn't have an opinion either way, she trust my decisionsThanks again.

What happened is you pull both handles forward and back and then alternating for turning.

You may want to consider truly self directed Solo 401k plan as an alternative to SDIRA.

Alternatively, the Goth investor may also be interested in these areas :)But not me, thank you very much!

Alternatively, does the VA finance second homes?

You can have a few alternates (options), like for the commercial juice bar.

Are you sure there are no alternatives?

As an alternative you could get a 10 year term from the bank which resets after 5.

Remember he loses the option money if he doesn't refinance or sell.The other alternative would be to sell to your buyer (not rent, not option) on a wrap using an all inclusive deed of trust.

I've asked around and heard that Real Acquisitions is what many people use.Anyone know what the alternatives are and how they compare for lists in the Houston area?