Using traditional financing for a "Cash offer"

[William Glass]

BP,

I am looking to see what advice people have for using traditional financing for making cash offers. From my understanding you wave contingencies except right to inspect, so if property doesn't appraise you've got to find the money somewhere else. 

The market is competitive where I am for small MFs and most sellers won't even look at non-cash offers, especially when they are below asking price. 

I am not concerned qualifying for the loan (credit & income are solid) and will look at back up financing options should traditional fall through. 

What advice do you have from those that have done this or other pieces to the puzzle I may be overlooking?