If we end up buying the property, we will be paying all cash in order to close it within the deadline.

I had promised a $50 finders fee.They left a week before the deadline, all their rent was paid, I gave them their $50 finders fee, and they even got their full deposit back, as the new tenant moved in 3 days after they left and there was no real maintenance required.And here's the kicker - through some online social media investigation, I am 99% confident that the new, next door tenants had every intention of getting cats.

We have trouble using our cash for our down payment so, we are thinking of this option to meet our closing deadline (perhaps extend few weeks) to get approved loan. 

I'm looking to start investing in some SFRs, some of your tips are helpful with regard to deadlines.

And, as noted by others, most contracts also have a clause stating that time is of the essence and the buyer/borrower shall provide timely information to the lender for the purposes of meeting the financing contingency deadline. 

If a property is not filed on by the deadline this year, the property owner will forfeit any right to a refund for tax year 2023/24 and have to wait another entire year before being able to file. 

I would have to reach out to my agent and attorney on our deadlines, they should have been all over those dates. 2) The inspector that my agent recommended got the house done in 45 minutes and didn't go on the roof.

Be firm with your late fees and deadlines.

Assuming its liquidated damages, and the deadline for their financing contingency deadline has passed, then you can keep the EM.

These reiterate the key lease terms: Term (month to month, sounds like), who's on the lease, rent, deadline for notice, who pays utilities, security deposit, etc.