I am a carpenter and want to be able to work on expensive houses and have the ability to make the numbers work while still focusing on the craftsmanship

It is all a matter of your goals (i.e. equity accumulation or supporting a lifestyle with cash) and your ability to redeploy capital effectively (i.e. is your cash just sitting or are you buying more properties)

If not, the denial is premature - unless it's based on your borrowing ability and not on the property.If the appraisal is done and it comes in at $300,000, your offer of $345,000 may mean you are over-paying by $45,000. 

Instead, bring up different things that you are ready to do and then commit to doing it with no intention other than the ability to rub shoulders/learn.

We have also secured a real estate agent who will only take 4% commission and who will guide us through the process.Obviously our plan is very elementary in nature as we have analyzed a minimal amount of deals and are not entirely confident in our abilities to determine the ideal purchase. 

The cash on cash return, FHA loan ability, long term wealth, etc How did you find this deal and how did you negotiate it?

@Milena Blanch if you are good living in one of the units this will give you the ability to put less down, and use the extra money for another property either SFR or another small multifamily while you are living in the first one. 

This is assuming it will have the ability to cover the new mortgage and with management fees.4.

They have the financial ability to make it happen.

He has the ability to file a complaint against this person.