The secret to success as an agent, the recipe on how to become a Top-Producer and STAY one, as I am, is actually very simple, BE THAT VALUABLE.

They're pretty simple.

You have to pay more than what a cash buyer will pay, it's that simple. 20% down is solid, but cash is better and easier and more secure.

Even with my research, this one doesn't seem logical if the borrower has equity but I am hoping I am missing MANY different reasons why it's not as simple of a solution for the borrower as I have laid out.Thank you!

Boots on the ground - You really can't avoid the fact that eventually you will need someone to go to the property and do something simple. 

Paying simple interest on access to equity only when you need it sure beats locking in 30 years of higher interest-first payments with a cash-out. 

Have gotten derailed 3 times now at the last minute with the simple message "our risk department will not open up a business account that is owned by an IRA".   

This is where I get confused - I think there may have been some type of verbal agreement between my realtor and her's that I'd take care of any simple/obvious repairs if we could get this over the finish line. 

Purchase price: $335,000 Cash invested: $33,500 This is a simple 2 bed 2 bath condo with a 2 car garage.

I would keep things simple and first speak with your original lender who completed the underwriting.