You can also read some of the same psychology/self-help books that people recommend on BP.

In other words, rents do not tend to drop substantially in economic downturns.There is no doubt, that signing a commitment to a lender for hundreds of thousands is psychologically jarring for any financially responsible person.  

I see what you mean about me still being on the hook anyways and I'm not actually reducing any risk by maximizing leverage.I think it's just a psychological thing, about wanting my sweet cash in my hands.

Business law Personal finance Business finance Accounting Micro, not so much macro economics Principles of Insurance Money and Banking Marketing (Conventional studies) English Composition Speech, Public Speaking Math Psychology Sociology These are all directly related to RE investing.

I recently completed another Master's in Psychology.

I ask from both a future structural standpoint and also a psychological standpoint with future buyers?

In Psychology, I believe this would be considered a logical fallacy.

Thanks Scott.So, the higher offer has the psychological advantage; Increases the comp if you plan to flip; but makes the appraisal a little harder to meet and may increase mortgage insurance.And you're right about the typo.Related question: if you plan to finance closing costs, does including the closing costs in the sales price affect minimum down payment?

Start with "The Psychology of Selling" by Brian Tracy. 

Point is, I have always had a mentor of some sort completely naturally and with minimal effort (and certainly without paying).Having a strong psychology background, I have been trying for the last few weeks to figure out what is different about real estate investing.