So, I would tell the buyer my fee is 3% and then I would approach the seller asking if they would pay my fee if my buyer (YOU) bought the property.

But, if you just want to make a cash offer to have a stronger offer, have the cash to close, close, then get your loan, a delayed financing approach is the way to go.Feel free to direct message me if you want to chat and/or want my lender contact info. 

I know it sounds Easy but here are a few things you SHOULD have ready to Buy.....Pre-Approval letters (More than one, Just in case)A Healthy Savings Account( There will be Fees and there will be Home repairs after the purchase)A Good Local Realtor that Understands and Knows your Needs. ( Realtors like local Realtors, It's Good Business)Run your Numbers!!!

@Ginger CarrIf your parent's only income is $25,000 a year, they may be able to structure it via installment sale and avoiding paying taxes.There are some risks involved with an installment sale as they have to be on top of the buyer making payments or having to foreclose.But this strategy might be able to avoid federal taxes and net investment income tax.They may still be subject to state taxation though.However, the best approach might be for them to hold onto the asset and allow it to pass to you with a step up in basis(if it is still around).

Read David Green's book on BRRR and understand the approach, but need to decide on a region. 

Read David Green's book on BRRR and understand the approach, but need to decide on a region. 

SFH with ADU will not be valued via an income approach if the buyer is using conventional financing.My view is that Bay Ho likely does not have enough ADU comps and an ADU addition will not add as much as a hands off ADU garage conversion addition. 

It is why my approach is to use cash and to have the HELOC as a safety net since I can transfer the funds immediately via the internet. 

We estimate having about $100k in equity, $72k remaining mortgage ($375/mo) and an estimated value of $170k+, granted, in this insane market.Comps in our area are renting for $1500+ per month (we’re within walking distance of a university and booming downtown area).I feel like we’re in a great position to convert to a rental and leverage our equity but I’m not sure how to approach the conversion of our current home and acquisition of our next.

Wow, I love your healthy, optimistic perspective!