I want to finance the property to enhance returns.

Luckily Joe, this is a hypothetical scenario and not one that I have exercised (yet). 

Lesson Learned: The city's Building & Code Department can be an ally and an assetChallenges: Showing the very talented members of my team how technology can be leveraged to improve and enhance efficiency Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Lesson Learned: The city's Building & Code Department can be an ally and an assetChallenges: Showing the very talented members of my team how technology can be leveraged to improve and enhance efficiency Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

It says they can terminate if we default in anyway and keep deposits in one billed point.Under that they say they can exercise other rights or remedy here in or within law.I’m obviously going to get an attorney.

On a side note, with EMD's, I highly recommend all Buyers make sure to include a specific time frame for the money to be returned if contractual right to pull out is exercised (long-story here).3.

The next step is to go out and look at a number of properties together back to back as an educational exercise and to establish a bse line for what a deal looks like.

Maybe several weeks on market with no interest at their current price will soften them up.Now, if you're able to get it under contract for a good price, it's time to exercise that due diligence clause. 

However, the option for the lender is to exercise the due on sale and foreclose on the property. 

May be worth exercising a bit of patience.