Or did you get approved for a certain amount before you went to auction?

The loan amount is 150k let's say. 

If you're thinking a Conventional loan... did your lender say if you'll be able to pass QM with such a small loan amount?

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

You lowered the amount you had/have to buy with your exchange.

This is not the case for the majority of metro areas across the US.In less hyperbolic markets there wasn’t an intense amount of speculation so operators didn’t pay high and are weathering the storm on interest rate resets and are finding a way to refinance Deals with maturity walls.I am finding that a lot of killer deals with my clients are happening in the sub 50 unit deal space for those who need to sell, because there’s much less competition in a chase for yield.  

I bring this up because it’s identical to the amount you have.

The easiest thing to do is for the seller to contact the title company, pay the lien amount to title company, the title company will pay the lien off and obtain a release of lien.  

If not, this sounds like you could set this up with seller financing where you pay your family member a certain amount at closing and then an agreed upon amount every month (like a mortgage payment). 

Some banks required us to get full apprasial if loan was over a certain amount 500k. 5.