I offer to purchase the home for a discount equal to the expected cost of PITI plus repairs/maintenance for the life expectancy of the homeowner, plus a margin for profit.I have the option to refinance the home to pull money out of it after purchase to finance other real estate deals.

These are professionals with additional training and a stricter code of ethics.

There is an additional cost, but with that you don't make payments and there is no interest in the interim and you can still access the equity in the home to use towards your downpayment of the new home. 

EmoryYes- you want to separate the two investments and add the two values together for an offer price. 

Even if they did give me the time of day it doesn't seem very fair that I can't offer much to them in return.

A quick browse through their website and reviewing their offerings clearly show they have the right systems in place and know what they’re doing.

This Water Street property in Delphi, IN, was an attractive investment due to its low purchase price of $21,000 and the potential for significant value addition through targeted renovations.

It's fair to charge for this additional work, but it's not nearly as much as placing a new tenant and shouldn't be as high.I charge 50% of a month's rent for placing a new tenant.

My offer is 560k which is 60k over ask price.

I can take a look of the property and provide an offer