Have you ever been whith a girl for long that you just didnt know the consequence of losing that diamond.

Raising the existing home would need to be done before any construction on the new home started and the existing home would lose its basement and all mechanicals would have to be moved upstairs.

But it's definitely riskier and if we have a downturn like the last one you could lose a lot.  

I just don't want to lose it now that I got a "Yes" in a state I'm not familiar with.  

Eventually those will either go back to the bank or they will find out that losing 5 to 10k at once is the reality (better to take a shot in the head then one in the stomach).  

Personally, I don't lose sleep over sized of earnest money deposits when I'm the seller.  

My biggest concern with people who buy all cash are those that literally spend ALL their cash and lose their cushion when it comes time to deal with major repairs, increased vacancy, job loss or prolonged illness. 

But i'd hate to do that because I feel like there is a disconnect there and I either wouldn't learn from the experience and/or I would overlook something and lose out on some of the return or worse actually be in the red and lose money.  

@John Suralik  kris is talking about sub too.. and this is why I really take offense to these types of things.. he buys it knowing the loan is not in his name so if he walk he could care less its the poor seller that got duped that gets their credit trashed..

never put houses in ur personal name and never personal guarantee debt, and u cant lose.....