The property is bank owned and from pictures looks to need many repairs including roofing and windows at the very least.

The next year, as it always happens, needing the funds, the bank that was used for the 401k account was closed and that bank holding those funds wrote the check out directly to me which went into a personal account.

Anywhere from Myrtle to the Outer Banks.

Are there other options you offer, like a third party option for paying with credit ie (paypal) or a direct bank draft from a checking or savings- looking for ideas/options

I have 10% cash to put down and can get a bank to cover 60% of the Value,  how does someone obtain the additional 30% from open market funds?

I have less than $1,000 in the bank for starting chips, and I need about $6,000 from my first flip because that will jump start my business to bigger and better deals/properties

And you should treat it as such (separate bank accounts, contracts, insurance, etc.). 

I wanted to buy a rental property but became discouraged when the bank wouldn't give me a mortgage (they actually wanted me to have a stable source of income lol).

My grandparents own (2) properties, their primary residence (paid off) and a rental property on the same street (has a bank loan with substantial equity). 

At a macro level the owner is trading a higher price ($130K over appraisal) for favorable terms to you, the buyer (5% down and not having to quality through a bank).