Like when you go to a bank and they charge you a mortgage doc fee.  

Note: the Amortization can be shorten if the property agent is older, some banks will go out to 25-30y Amort if the property is 1980s or younger.and will only go 15-20Y Amort if older then 1970s

Start by looking for hard money lenders and talk to smaller banks and credit unions.

@Karam A Tascoe yes its based on comps but I am more referencing your bank-ability.

It isn't that i'm not curious what the appraisal would come in at, but I will likely be getting one when i go to refinance in 6-18 months and all the value would do right now is: 1) Give me a more accurate idea of what the bank would value the property at2) Delay closing as appraisals are 3 weeks out minimum right now3) If it comes in high the seller could use that info to back out4) Add additional costs (around $950) to the closingP.s. - I will still be ordering an inspection.Thanks in advance!

My goal is to acquire as many houses as possible and become a mini bank.

Both units are rented, and I have spoken to banks regarding a line of credit to use towards the purchase of another property.Community banks so far are not interested in giving a line of credit, but have offered refinancing options instead.My current rate on the property is 3.75%, so I'm not eager to move to a significantly higher rate (5.25%). 

I was also working for a community bank at the time and they were able to loan us the 10% down to purchase it and then we refinanced it once we had done the improvements required for a conventional loan.

To qualify for the 550 you will need the following; Purchase price has to be at least 50k total loan amount has to be at least 100k.Rehab cost can't exceed the purchase price Credit score at least 550, tax returns not required, all other docs are required.The 600 program Purchase price at least 20k rehab cost at least 10k Credit at least 600 with 3 tradelines and all required docs tax returns are not required All programs require at least 15k liquid asset to be shown in bank account prior to applying.

I started compiling a list of private lenders by going to the county recorder's office, looking at the 1st page of the deeds of trust that were recorded, and writing down the name and address of anything that appeared to be a non-bank in the section "When recorded, mail to:" It was tedious and took me about 4 hours to compile 50 names.