Hello BP,I’m extremely excited to be posting this introduction to the BP community; it’s been a long time in the making.

I believe they are Lowes in house brand.I use the same lights in 21.65 inch, item #0442144 with 2400 lumens in my garage and back patio.The line is dimmable and great with a LED compatible dimmer switch.They are fairly cheap in my opinion, especially if you're replacing the fixture anyways, and considering longevity of LEDs.

I know rates are low to mid 3s now.

John Anderson - you have no idea what the offer was actually - it was in fact exactly what the real estate agent recommended, not a low ball at all.

If their credit is good, the rates are low right now so it may not jump the payment up to much.

Hello Rohan, I'm sure you're aware of how expensive and how low cap rates are here in LA.

The problem with 'finding a deal' is that they do not exist at at $80,000-$100,000 in this neighborhood, everything that has sold in 2015-2016 has been in the $120,000-$130,000 on the low end. 

This "Liquid 100k" will be your key to HIGH LTV and low rate loans.Good luck! 

From listening to a fair amount of episodes from the BP Podcast and reading a couple of books, I am thinking my best option to get started would be by using an FHA Loan because of the low down payment.

Good agents know that you won't be a one shot wonder, and will provide that added value to tell you to consider other properties, or if your bidding possibly too high or too low, and be accurate in their assessment.