Luckily for me, I didn't need to tap into the contingency reserves that were set aside.

During the Due Diligence Period, the Buyer shall have the right to conduct, at its sole cost and expense, any and all inspections, examinations, appraisals, surveys, environmental assessments, and other evaluations deemed necessary or appropriate by the Buyer.Financing ContingencyThe Buyer's obligations under the PSA shall be contingent upon obtaining financing in an amount and on terms satisfactory to the Buyer, in the Buyer's sole discretion.

You can also offer short contingency periods that start when the offer is accepted so they can be out of the way well before the closing period.

Hi Jalen,You can go down to 20% on DSCR, but it's contingent on debt covering.

You could get your rental listed today and make your offer with a Home Sale Contingency.

**Contingency Planning:** What is your strategy if you need to repossess the property?

Also, make sure to add a contingency (I do 20%) for unforseen and add in expected holding costs.2)  The best way to pay back a hard money lender is to refinance with a bank to get long term debt.

Are you "telegraphing" fine, you'll give a PP but need all the contingencies, it's going to be a process of many step's?

Budget for Unexpected Costs:Always have a contingency fund for unexpected expenses.

A cash offer is simply an offer that has no financing contingency.