Like Jeffrey stated if you follow a set procedure you will very rarely lose.

now i'm not saying every broker or seller will ask you these questions, but i am saying that 85% of the professional commercial brokers or sellers will. they do this to separate the tire-kickers from the players is what they say.so for all the people on here that has experienced this when getting started, how were you able to either sidestep these questions or answer them in a creative way that made the broker or seller feel comfortable in going forward and disclosing certain info about the property.

The results are that they do not know their true costs and in fact are often losing money.

But if the renter elects to walk away from the house after 2 years without buying it, he loses the $5,000.

The potential liability is very high if you miss something during the process that later surfaces causing the investor/developer to lose money.Some of the skills you should have are a firm grasp on financial concepts and forensic accounting because sellers lie and they will cook their books too.

If the bank accepted and signed your offer, you'll have to have some justification for withdrawing your offer or you will lose your earnest money.

All the metal boxes are grounded here, so I need to lose the two pronged I installed.

Lose the land line. 2.

He was a risk analysis type with Wall Street before he came up with the theory that the unknown will always be the downfall of such projections.His stock investment strategy was exactly what you stated Jeff in you post, 80% safe (so you can't lose it)and the rest in highly speculative things because if even one of them hits you are rich beyond your dreams.Each crisis including the one we're in was caused by events that were "large- impact, hard-to-predict, and rare events beyond the realm of normal experience".

If the T/B fails to purchase it is a breach of contract, but lets say the T/B loses a job, relocates, wage cut etc. now they don't have the means to buy.