Could be more after all liens are discovered. 

When I went to Indianapolis last year, the one thing I discovered was the most important part was finding an inspector I trust. 

If there were overages, you and him should discuss costs as soon as they are discovered or determined.Some owners/investors do not like this, but it is the name of the game.

So when you had these hot beds of real estate speculation and borrowers could walk with the only thing they lose is FICO score and in many cases they put nothing down.. well they just walked.. and it became like chasing a falling knife it just got bad and kept getting worse.on the investor side.. you had thousands of investors in short term notes that could not get refinanced.. and probably in your line of work syndicators and other institutional investors who were stuck and could not refi and the lenders chose to foreclose.. especially if lets say Rialto bought your little bank that went under.. they were brutal on chasing he security .

Some institutions have their own internal rules.  

After a round of counter offers, our offer was accepted Tuesday, we then had our HUD Consultant walk through the next day, and since then have been sending out a rough SOW to contractors.Our highlight was during the walk through with our HUD Consultant when we opened up the attic entrance, climbed up, and discovered an amazing attic with ample head space!  

I mentioned it in the article but my partner (the one who discover the deal) is one of the most experienced in the area.

While I was in the process of purchasing this property I discovered BiggerPockets and immediately got hooked on the podcast and the forums. 

@Corby Goade - didn't you recently hear about another financial institution that might be offering cash-out refis on investment property? 

My question is; is there a bank or any institution that can lend her money to buy a 200K- 300K house with a  $150K down?