You only buy deals that work,...without rationalizing them. 

People get emotional when they talk about their own family, state, country etc> it is better to use Spain, Tokyo as examples, so people can follow the rational arguments as opposed to blurt out "I was born here and I will die here"....I believe some people can tell you that what happened in California in 2008 had nothing to do with California itself.

Typically I would have held and waited it out, but luckily I liquidated because I was planning to buy some additional properties and am now sitting on a lot of dry powder actively looking for deals.I believe the rational for not selling might be the same dynamic behind buying for monthly cash flow instead of buying based on speculative appreciation.

I just keep coming back to the fact that a rational business person, who had fulfilled all of their duties, would see that it is in their best interest to nip this issue in the bud ASAP and move on if they believe their partner is willing to see this lawsuit through. 

If you try to rationalize the facts of it a fixed loan has little to no rationale. 

Or, if money down is not an issue but income verification is, you can go with a debt service coverage ration (DSCR) loan which only looks at the property's cash flow ability and not at your personal income. 

Account ClosedI am confused on the rational of using conventional financing will cause you to burn though all of your money on a single investment.

@Gil Segev I don't think you are rationalizing a bad strategy.What is missing is specificity.Your $420K is for what?

The spreads to make that an economically rational decision haven't been there for a long time.

While REI is a lot of numbers it also includes real people who make really irrational/rational decisions.