I suppose technically it's available but there isn't a  lender in business that will do a loan without a full interior appraisal, a fully executed purchase and sale agreement, and other things, and there is no "seller" in a foreclosure.

NOTHING.Holding back a percentage of money is a waste of time...and it doesn't do what it's supposed to do. 

Tenant was supposed to move out by the end of June by failed to do so until today (July 1st), giving us a really hard time.

Raise both units in 10 years you earn an additional $48,000.But, those numbers are not true, because if you are doing what you are supposed to do to get the most profit you raise the rent 10 more times in 10 years and maybe you make more than $80,000 or $100,000.Now!!!

Appreciate y'all being willing to share.Am I supposed to sign these posts?

If not immediately then in January after the supposed lease is over.3. 

Are you simply contacting contractors and trusting they are doing as what they are supposed to?  

I suppose they're coined "commercial loans" because they're more business purpose in nature and funded by private institutions not backed by the government sponsored entities. 

So I suppose you could release your option on it in exchange for an option to purchase his replacement property (in other words you don't want the property you've got an option on but you can hold him up because he has a buyer now. 

If you read the fine print of the terms, you will find that if you move-out of the house (particularly if you acquire a new property into which you will be moving) you are suppose to bring the LTV of your initial property to 80% or lower.As @Jordan Clermont hinted, lenders seldom follow-up on this - unless you are trying to secure a second high-ratio insured mortgage.