I have a property I’m looking at in Missouri that’s about 1,400sqft, and not sure the difference between a Cash and a Novation offer. 

@Nicholas McCormick, thanks for the offer!

They will just wait for you to cancel the contract and offer on the listing themselves. 

I've managed up to 400 rentals and never offered a concession.

@Tayvion Payton   -  my guess is that you are still too far off the price, at least in the interim but it is always good to put in an offer, because they may come back to you down the road. 

I will say anyone offering this should be giving you all the pros and risks of the flint marketplace.

Any landlord that offers this should have their head examined! 

Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance! 

Wondering if you offer Netflix (or any other streaming service) for free or do you just have it available to the renter?

When you mentioned you did your homework on the turnkey property, if that were the case you would have had a really good idea what the property was worth before you offered on it (of course sparing the occasional rogue appraiser, which may be what happened to you... idk) and certainly before the appraisal.