As a Pro-Member, are there any CRM applications that we can use at a discount? 

It can be a relatively small amount of money, and sometimes it can flush even, but you have to get the property at a significant discount to ARV in order for that to happen.

Hi Timothy,We did not have financing issues after acquiring a property via quitclaim deed, however we were getting property significantly discounted to take the additional risk (we did not have previous existing relationship with owner).Some other challenges/potential landmines you should be looking for are:1) 6 month delay between acquiring a property and being able to cash out refi using appraised value versus purchase price (applies if you are getting a conforming loan)2) Not counting on minor renovations to add significant equity3) The appraiser will most likely only consider a sales valuation approach and not consider the income valuation method, so make sure you are projecting your value based on what you can sell it for after your reno.4) Don't wait for a renter.

Also can the bank appraisal  come it higher that what was paid IF the home was bought at a discount AND the homes in the surrounding area are of higher value? 

The other option is to find apartment complexes with companies that are motivated to sell, that way you might be able to get the property at a discount.

Negotiate a 50% discount on the purchase price on the lack of marketable title.

If you're interested in becoming a pro member - I would listen to the podcast for a few episodes or take a webinar, they often offer discount codes on annual memberships! 

Why would you ever give large discounts to people?

There's a 2-family rental property that I'm looking at: To generate any positive numbers on the deal, I have to work at a discount from the asking price of 20%, and factoring in approx. $10k in repairs, I come out with:-- Cash on Cash of 2.2%, -- Cap Rate of 5.45%, -- Gross Rent Multiplier of 6.3 -- Break-Even 90% and this gets me a net of just under $100 per door per month. 

.) = 25K max price.As you can see that is 50% discount from where it is currently listed, which is highly unlikely I would get it.