This longer period might reflect more buyer deliberation or a cooling market.Median Time to Sales: The total median time to sales rose by 29.4%, from 68 days to 88 days, reinforcing the trend of longer decision-making periods.Active Inventory: Inventory levels soared by 108.3%, with 8,938 units available compared to 4,291 last year.

While I have sufficient liquid cash on hand, I prefer to maintain liquidity as I'm actively seeking my next deal.

@Vivek Kumar I ask for proof of liquidity, whether it’s a balance in the bank or a shoe box of cash.

In the sales contract the option to limit the seller to retaining the deposit instead of suing for liquidated damages is usually selected.

All it's looking for at that point is total liquidity, credit score, factors on the property itself.1040's, pay stubs, Debt to Income ratios and things like that aren't a factor here.

However, as I learn more about commercial loans, I’m discovering that lenders will require experience with similar types of investments, as well as net worth and liquidity requirements.

Jodie, that's a cool career path.

They want someone to bring them Gatorade, a cool towel, and a snack mix while they put their feet up and earn passive income for years without knowing a single thing or listening to anyone except people who don't know anything.

But the only liquid one of those (until you sell a property) is cash flow.  

The seller could go after (sue) the buyer for liquidated damages.