The title company could have put the true conveyance amount on the deed.and its also why Zillow and truila values can be so very wrong and have wild swings as they pull their data from those docs. and in non disclosure state were every transfer says 10 they have a real hard time with accurate numbers.

Just sounds like the branch president is doing a CYA.They want to show they didn't let you run wild so if something imploded later they wouldn't be seen as grossly negligent.Employees and board of directors at banks worry about their jobs and facing criminal charges if a bank goes belly up down the road.The bank is demonstrating prudence.  

Other species of animals, whether wild or domestic, trained or untrained, are not considered service animals either.

Doesn't mean that commercial lending is the Wild West.A private lender may make a commercial loan, not a problem, so long as it is compliant.I'm doing one at 10% interest, amortized for 30, balloons in one year one a purchase rehab.

(just a wild guess at this point) If I offer $85,000. the cost of the house after reno would be $115,000.  

@Nick Stango  I bet unless there is an agent involved most wholesalers don't even know the laws much less care.. and of course they are just selling a contract so they are not the seller but it they come into title that's another issue.. but like I said law does not necessarily follow along with the entire wholesaling segment its a little bit of wild west really.

You will be wildly successful, I have no doubt!!

I hadn't really figured out how to evaluate that type of property since rental rates and occupancy vary so wildly throughout the year up here, but I've heard there are opportunities.

I find that in southern Florida the rental market tends to be a little wild wild west.You need to move to Houston Texas. 

But if your property has a high-end kitchen and the other one doesn't, an appraiser might add $10k back and value yours at $110k.You might try to get your hands on a few appraisals to learn how appraisers value a property and add/subtract value based on features, square footage, and fixtures/finish.While I'm sure this varies wildly, I've found that some realtors rely too heavily on automated comps or CMAs when valuing properties, and these can be off by a wide margin.