I was under the impression that after a home is inspected and appraised, the bank would be willing to lend up to the appraisal amount?

@Natasha Hunter, @Adam Adams, @Jeff Wallenius: TY for all your input.All of you have validated my initial impressions.

That's impressive what your client did. 

If you have an ADU on your property, it's super easy to find out approximately how much you can take out through just a few clicks with only a soft credit pull...A side note: the founder of Figure.com Mike Cagney also founded Sofi and they got pretty some impressive investors.

I will say the power of leverage is impressive.

Should I go to the electric company and see if they just wrongfully are charging me this or is the landlord illegally renting me a commercial zoned house as residential, and who is responsible for paying the commercial zoning electric deposit even though we were always under the impression this was a residential lease?

I was tempted to call the owner and let them know the realtor wasn't showing the property to all interested buyers, but decided to just let it go.Of course I have no idea what the real story is, but my suspicion (at least my impression) is that the realtor was playing games and maybe had a friend she would have preferred to score the property.

I have yet to be impressed by a realtor.

Overall they cancel each other out and creates the impression of a pretty flat market.

I was under the impression that a LLC tax status is to "flow through" directly to the owner(s).