I could be wrong but that seems a bit high for this program.  

Ask for that amount of a discount for forgetting to disclose the fire. 3) you should be able to walk anyway as your inspection contingency came back unsatisfactorily. 4) is there really any structural damage or did they just leave behind charred by functioning lumber?

You do still need to get it inspected through the Rental Housing Inspection Program, but that's pretty easy.

Currently only 335k left on the loan but the property at the time of refinancing appraised for about 550k.Are there any options for them to utilize equity maybe or some type of loan program that would put a lien on the property to get the issue fixed?

The business is losing money each day without a functional office.

We provide housing for Homeless and Addicted people in underserved communities, and in an attempt to revitalize our Downtown area, and expand our Program (part of it is home ownership and entrepreneurship) we need to be able to buy adjudicated properties, or have them donated, then have the finances to redevelop and repair them.

We provide housing for Homeless and Addicted people in underserved communities, and in an attempt to revitalize our Downtown area, and expand our Program (part of it is home ownership and entrepreneurship) we need to be able to buy adjudicated properties, or have them donated, then have the finances to redevelop and repair them. 

institutional financingfannie green program How did you add value to the deal?

I think the bigger question for you now is whether the time feels right for getting started on your first BRRRR.If you were ready to get started, but were short of your all-cash goal of $80k, there are loan programs that can finance lower purchase prices in the Detroit area.

That's called functional obsolescence and may be a negative or give you a value-add opportunity by adding a bath on a level which lacks it.That's enough for now