Besides, it's good money after bad to pay that transfer tax.That said, a mortgage broker also once told me no one they ever knew actually executed the clause.

Same lender, same borrower, and executed on the same day. 

(love the name of it, btw)With your executed PSA, you may have recourse to force the sale to you.  

Loan will be secured by deed, no points, monthly payments deffered until home is flipped and sold.How do I execute from here? 

Keep in mind the six month time frame also comes into play even if you execute a simple deed transfer into your LLC before obtaining the loan.

Just for clarity, as an Assisted Living Executive and Partner in 46 buildings, please check your state's Senior Housing regulations for licensing, zoning, and physical plants.  

@Daniel ValerioI can't give legal advice as I don't know anything about Florida and am not an attorney.But basically, execute an assignable contract with the seller first, then assign it after.  

The IRS tax codes govern the execution of a 1031 exchange.  

You cannot even execute a contract with an FHA purchaser until 90 days has passed within your ownership.  

Did you have an executed contract in writing?