They lowered the price a couple times and then I offered another 6.9% below that and we have a deal.I suspect they have a mortgage at 3.6% based on when they last got financing and I REALLY would love that rate, so much that I'm open to re-doing the deal much closer to their most recent listing price if I can get the house subject-to the existing mortgage and give them cash for the difference. 

Thxs, working on testing different opening lines when at the door of foreclosures.

This means that you are in control; you can open a checking account for a trust and "checkbook control" over the 401k. 

Now keep in mind these banks are usually lending on Experience first capacity second ( your cash) and credit score last and least important.

We require the normal lender, liability, and fire insurance and earthquakes are always on my mind.

As a land broker, usually when someone says they want to "build a tiny home on some land one day", it's a pipe dream, and since we are commission-only people, it's scary to spend a lot of time with people who can just change their mind at any time, after we've put in a lot of time holding their hand. 

I'm open to any insights or suggestions on how to structure this project in a manner that benefits both parties.

In order to obtain homes in a competitive market, be open to investigating various financing options.Off-Market Deals: Take the initiative to look for off-market deals by using internet resources, direct mail campaigns, or money-driven searches to locate motivated sellers who might be willing to sell their homes for less than market value.In the end, success in the SLC real estate market comes from perseverance, understanding the market, and being flexible enough to adjust to shifting circumstances.

Purchase price: $590,000 Cash invested: $200,000 This new-construction home offers an open-concept floor plan with 9' ceilings on first floor.

If the property were to cash flow -$500/mo does that change your mind at all?