Today our realtor introduced some parameters of crafting a "competitive" offer to increase our likelihood of getting accepted which could expose us to more out of pocket cash than we'd like. 

Is this a deal you would accept in todays market?

So let's say you had 1.6 million in your brokerage account, you could get a loan of 800k from your brokerage account at 5%; he's saying a 'bridge loan'- Then the seller has accepted this 'all cash' offer.

One of the promises you have to sign off on is that you will not evict due to financial reasons if you accept rent relief. 

If you do not wish to accept the default classification of partnership, you can:File Form 8832 (Entity Classification Election) to elect corporate status, orFile Form 2553 (Election by a Small Business Corporation) to elect S corporation status.If you need to change your type of structure, we recommend that you do so now, otherwise you will have to start over and re-enter your information.

Are the units acceptable or needing major repairs? 

The bank (foreclosure property) accepted my bid after some negotiation in large part because of the diligence I had done to understand the work that needed to be performed on the basement.

I wonder how the bank would know whether it's an acceptable risk to lend to a business that's not yet showing its own income.Trevor - luckily we don't have a car payment, CC debt, or personal loans in the mix, although I do have a student loan (in my name only), so I wouldn't be able to reassign that to him.

Found on MLS, got offer accepted below asking, and negotiated closing cost credits based on inspection How did you finance this deal?

I'd spoken with the owner briefly on the phone once before and we'd discussed the overall condition of the property, why he wants to sell, how much $ he'd be happy to walk away with, etc.After the screening questions over the phone I threw a number out and he said it'd be the lowest he'd accept and still be happy with, but he'd still need to speak with his wife about it.Anyway...so today I met with them in person and he gave me some more info.This property is zoned for R-4.