Quote from @Chas Lumley: Quote from @Caleb Brown: Getting leases is typically done once under contract, I always have verbiage that leases will be reviewed by buyer within the inspection contingency.

The seller's refused to reimburse our LLC the home inspection costs.Under these conditions, since our purchase contract includes an "inspection contingency," CAN WE GET OUR MONEY BACK FOR THE HOME INSPECTION THAT REVEALED A PROPERTY IS A FIXER WHEN THE LISTING AND PHOTOS SHOWS THE PROPERTY IS IN MOVE-IN CONDITION?

It doesn't matter if there is no home inspection contingency, but if there is, Buyer and Seller negotiate the items.

Contract contingency.

I’ve had several investor clients go with a new (to me)/ unproven lender because of a slightly lower rate promise only to get burned by that lender (closing costs were higher, appraisal costs much higher and appraisal was a nightmare, main point of contact gave us the clear to close as we passed our financing contingency then just before closing someone from the underwriting department we previously didn’t know existed said we need a few more days and seller didn’t agree because they had a higher backup offer, jeopardizing the earnest money and losing the property, etc).

Further, only a minority of sellers will be interested or motivated to offer a significant discount for a 7 day no contingency sale.

Keep in mind they might have sold it a month ago and are working through contingencies, so they haven't made it pending yet.

We back into the "strike price", meaning the maximum price we're willing to pay for a property, by starting with a conservative ARV and then backing off our required profit, the rehab cost, the time value of money (carrying costs and interest), and a contingency reserve for unexpected expenses.

ABC Baltimore appraisal came at $102,000 (contingent on the basement flooring being fixed).

Sure, you can apply a huge contingency to anything as a safeguard but that won’t help you win many deals.