We are researching home equity loans, home equity lines of credit, and the possibility of refinancing our current mortgage to free up the cash needed to make those improvements and make the down payment on the multi-family unit. 

Venmo allows you to use a bank account or debit card for free (they'd charge 3% fee if using a credit card). 

Credit low only due to card utilization.

You use your Airbnb / vrbo apps to accept the bookings, communicate, get paid, and schedule your cleaner team to change linens and check on damage.

The kicker here is that the property has significant fire damage.

The approval is based on credit, cash flow of the property and loan to value.

A place for opportunities with high rent returns for relatively low purchase investments.This question assumes you have good enough credit, debt/income ratio, income, etc that getting the loan will not be an issue.  

He wants an upfront fee of $795 and he says it gets credited at closing.

I have cash and credit.

I would like to make him an offer to pay off his mortgage debt and hopefully limit the impact on his credit.