I haven't committed either way yet, but I see less exposure with the DOS clause.

They won't want to waste their time with someone who isn't committed to work with them.  

And of course that transactional lender "commitment" is predicated upon there being another buyer with Their cash in escrow....not exactly a cash purchase by you.

I guess my 2 main Qs are (and I'm pretty sure neither of these were addressed previously in this thread):1) Are you able to get commitments from a lender on the post-rehab refi, even before you've bought the property?

MLSs typically have agreements that if you list a property in an MLS, you are committing to pay a commission to a cooperating member.

@Danielle J.Welcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.Since you did not mention a specific area of interest, I added links to three of the most popular niches for your to select one or all while you wait for local networking contacts.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

@ANNA BOBROVAWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.Seeing that you are uncertain about your area of interest, I added three links to the most popular REI niches for your review and selection of one or all.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I am 34 years old and I've decided to be FULLY committed to achieve success in real estate investing.  

Thank you all for the votes and well wish's  I will get this put together this week so we can move forward.Also want to again reiterate this is going to take work and there is a fininacial commitment from who ever I deed this too..

He then confessed he's a wholesaler with a commitment to close in 15 days.