Full disclosure first, I am a paramedic not a lawyer.

The downside of delayed financing is you are limited to financing the amount listed on your closing disclosure (HUD) or 75% of the appraised value, whichever is LOWER.

Unless you can prove that seller knew but intentionally misled in the Disclosure.

Where I buy, the As is clause means that you can’t back out for some defect that was already disclosed on the sellers disclosure form.

This is a estate sell so the seller states that they don't know anything about past water issues so nothing on the disclosures.

Full disclosure, I outsourced to PM when I had a duplex and added a 4 plex.

If she attempts to remove it (or any parts thereof) she will end up in court with damages costing waaay more than $6000...Disclosure - Not an attorney - don't have to be for this one.

We will however need lender to update final closing disclosure with new date and additional $20k, which I understand is a quick process. 

@Andrew PostellThanks for the advice, Andrew.I'm not sure you would know the answer to this question, but seeing how you are in Texas which is a non-disclosure state, do you know how investors go about finding the ARV on subject properties since recent sales prices are not available?

He said he thought we can get all the electrical and heat \ any other big ticket items fixed in the disclosures but I think they should give me a huge credit since the back unit is not a true 2-1.