However, you are going to forfeit any Earnest money you have deposited onto the home(more than likely anyways, it depends on the fine specifics of your contract on the offer letter).

Reaching out to them and seeing if they are actively investing and offering the property is a good start.

Does anyone have any suggestions for lenders that offer a cash out refinance at an LTV of 80%, with 6 months or less for the seasoning period, and service Alabama? 

Big banks and banks in general often do offer great terms for jumbo loans, especially if you are willing to bring your assets over under their management. 

I made an offer on the spot!

I feel like if they had a death in the family or something like that we should offer them a stay at a different date for free since they already paid.

I'm looking to buy a rental property in an LLC with funds a parent has offered to pay in the form of seller financing.

I like starting in the Midwest because it's affordable and offers good cash flow.

you have to have more patience than the people who want to look at 3 properties, make 1 offer, and be done. 

Even after finding a qualifying building, if you can use the new 5% down program you may find less resistance to your offers since sellers often don't want to deal with the additional inspection.