Hey Michael,So, the only difference between this system and a normal wholesale transaction is:You buy at a discount (you don't close, you just have a purchase and sale agreement), but instead of assigning the PSA to an investor, you sell the deal at appraised value (market value/retail?)

So at a minimum I will have a 5 year option with the seller and then I have a 1 year option with my buyer.

Have a look at this post.10% down is pretty much the minimum for an OO property, except for special programs. 20% for investor loans.

You should (if you haven't already) sign a purchase and sale agreement for a sub2 and deed the GA property to your mother.Then you could claim no interest in the GA property.I'm assuming these are two different lenders.

Could you guys recommend some free software that determines the commercial property MAO based on the rents, expences and minimum profit?

First and foremost...what does your purchase agreement call for?

Does anyone know the minimum percentage that Indy Mac will accept of a BPO?

Josh:You can lookup Lease Purchase agreements on www.uslegalforms.com to get a feel of the elements of a lease option contract.

All fees that a broker will charge should be disclosed on a buyer-broker agreement that is signed before any dealings are even started.

you still have to follow the terms of your lease option agreement, so if things are not going as expected you can still be responsible for the rental payments.