@Joe SplitrockI laugh when people think the people that started buying when the market took a deep down turn, were lucky. 

James Curnutt - affordable lawn Kings - 405- eight one six -5251 - tell him you want the Tyler Weinrich discount

You find out the cost to fix the roof, get the appropriate discount off the purchase price, say 150-200% of the cost since you'll have to manage the repair and you should be compensated for the hassle, then close and get the work done. 

Even if so, once you start NETTING less than 6% of its purchase price per year, there's not much safety margin - UNLESS you bought it for a genuine LARGE discount off its market value.

You will have to discount the property on top of whatever the discount amount is for that area.

I remember in the late 70s and 80s when the bank would call periodically, almost pleading with them to take a discount on what was owed and pay off the balance.

I've been told it's always better to sell too early though :)You are deep in the weeds on this one, I Wouldn't pretend to know the details well enough. 

If LTV is low enough then some lenders let the buyer roll in the loan fee and amortize it over the loan period.The capital markets guys have sometime 50 or 100 million in annual loan volume with these regional,local banks, and credit unions.When they are quoted a rate they are getting from the vice president or president of the bank not some small minion that does initial information intakes and promises the moon with rate and term with no founding in reality.The capital markets guys often can negotiate a 10 to 15 basis point discount because of their relationship.

Basically the friend would receive discounted rent; this was to keep costs low so they could have a down payment to buy the house they were looking for.

Typically there are no application fees for properties on AHRN as well as a noted discount (typically $50?)