Unless you want these tenants do not close until they are out and the locks have been changed.

Working with a wholesaler and have a solid deal on the table...I'm looking to pay cash on a 4/2 SFR @ 64k + 4k rehab + 1k for inspection/appraisal/title search (all in at 70k total) using a partners' home equity loan in order to lock in on deal.

I have cash on hand to purchase the house, but don't want $29,000 locked up as equity in the house.  

There have been a lot of rental scams where people are breaking into foreclosed homes, changing the locks, getting a couple payment then run off once inforcement arrives.

But be careful if the lender will approve; another note the rate lock on the commercial may be shorter as well as the amort schedule.  

It sounds like if we are making verbal offers, I should make sure my realtor really stresses that I am ready and capable to make the offer and have the numbers to justify my offer price, and also make sure the "offer" is reaching the ears of the seller and not stopping at his/her realtor.But I think I'm leaning toward official full package offers with a "heads up" call from my realtor to the seller/seller's agent.

I see guys quote for loans sometimes in the mortgage space 4% but it is NOT a locked rate.

You will have the price locked in, without digging deep in your pocket.

There seem to be a lot of threads started where people are locking up houses with no actual plan. 

To lock in the price and the right to buy or assign the deal.