I Want T/B To Purchase - Need Advice

Greetings All,



Like the subject says, I want my future T/B to be able to exercise their option to purchase. What steps should I be taking to insure the best chance of this happening.



During screening what should I be looking for?

-Income? DTI? Credit? All of the above?

-What should the Fico threshold be to qualify for the purchase/refi?



The sale price should be in the 530k range... Should I still be charging a 3% deposit? i.e $16,000.00.



Any Californians know a mortgage broker that treats the L/O financing as a refi?



Any other things I can do or look for to help the T/B qualify for the home?







The Deal:

FMV: $520,000+ ...Built 2005, Nice Neighborhood

My Option: $505,000

My Consideration: $0.00. + $2000 security deposit

My Rent: $2000 - this is right around market value

















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