I refinanced mine out of FHA into conventional prior to doing a HELOC so that i would have FHA available if i wanted to use it again.

True sweat equity; mine & sometimes my teens & hubby's too.

I know roughly what the owner's numbers are already based off of mine.

I'd also verify that with a final walk-through a couple of hours before closing.I'm assuming that there is no such clause in the P&S, but if there is, I think you can sue for specific performance/breach of contract.Not to rub salt in the wound, but this is a perfect example of where a good buyer's agent is worth his weight in gold.  

Mine is nearly a full page and covers how to prove the 'other offer', how to go about using the escalation, and covers disclosures of what could happen with multiple escalation offers.

We have a 1/1 duplex and I love mine.

I also go to a great meetup in Rockford once a month run by a buddy of mine.

A buddy of mine did something like this.

Originally posted by @Kyla Bakker:-they own businesses but don't pay taxes -the unit is for their daughter (who we believe is in highschool)-they want to pay cash -they want to pay for the full year up frontLOTS of CASH with no taxes (strange excuse for tenant who will occupy) plus pay a year upfront in cash.Makes me think indoor illegal farm or drop house for illegal whatever.If it were mine, I'd say:If Ontario California; No.If Ontario Canada; No, Sorry.If Ontario Anywhere; NoGood Luck! 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Virginia.

Purchase price: $85,000

Cash invested: $7,000

4 plex value add purchased with 1031 money. Slowly upgrading all ...