We negotiated the purchase at $115,000 by leveraging our market knowledge and emphasizing the quick, cash-based closing, which appealed to the seller’s need for a fast transaction.

It’s worth checking with your current mortgage lender, as they might offer these options to existing customers.Smaller Loan Amounts: For smaller HELOC amounts, lenders might be more flexible and not require a full appraisal.

You must deduct it, otherwise you're breaking both tax rules and lending rules.Where you have options is how to classify some expenses.

One of the main reasons I got into this industry is my passion for helping people and wanting to guide people into a good loan product for them based on their needs. 

Which of the two options make you more uncomfortable?

These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

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.

Explore financing options, educate yourself on multifamily investing, network, and document your journey.

I'm based in the Rexburg area and am just getting started in REI.

There is "delayed financing" options where you can do this but its usually not same-day.However, what you are looking for is probably a hard money lender that does not require appraisals - this allows quick closes and functionally the same as cash offers (and pretty much what you appear to be looking for)