None of the skills involved with being good with one of those translates to the other.  

If you want to spell out the broad outlines, just write up a short memo/letter of intent that describes the kind of loan terms you'd be agreeing to, and use that to translate into the actual lending paperwork.

So the condition of the property has been altered mid escrow.

BRRRR does not translate very well to expensive markets hence why it's most popular in places like the midwest.

The verbage in the mortgage note does not allow for the title to be changed, transferred or altered in any way, as it will impact the lenders security in the loan.

The short of it, I was cited for hanging drywall in the kitchen without obtaining an alteration permit. 

I'm in envy of the folks that understand all that and can translate it to the audience.  

If she insists that the offer is too low you can tell her that you could alter your plan and make the deal work at the flip price.

Many times the comps you get are older sales or there is something within that does not translate into a good comparison. 

But that unfortunately translates into high prices /  low cap rates.