I know the hardest move is from zero to one, and I'm about to cross that line; I close on my first rental property on 30 November - only 20 days after my "90-Day Challenge", but I'm chalking the delta up to closing dates.

What’s the delta? 

I take the delta. 

But even then, if the delta between the offers is significant enough, the Seller will most likely take the highest offer. 

If you pull data from MLS and put side my side CAD appraisal price and sales amount , you will see the delta.  

@Ryan Howell thanks for the reply ... both in sharing the term "Asset based Lender" as its difficult to know what you're looking for if you don't know what something is called and for providing an an example of the delta in terms.

What I'm saying is the conventional money is so cheap (and has been for several years) that it doesn't take long before the delta between waiting a month or two for the property to be stabilized and the cost of the money converge. 

It’s huge delta.

Or, he's cooking the books.I would probably work with my lender to sort out how they will respond and what numbers they think are right and will support in underwriting.Then the conversation goes, My lender is concerned with the large delta between reported and estimated income and will only write this deal based on the reported income (or whatever they decide), as a result, I can only support this purchase price. 

And I always use a Delta faucet because of the life time warranty, ease of warranty replacements and availability of parts.