While you may be able to stretch the time at first, this doesn't work indefinitely to scale (ie what's your next step)If you don't figure out the financing part of the equation (ie your credit etc) then you'll be stuck waiting a LONG time for cash flow to get you to the point where you can do something after this kind of deal....

Wait until closing, just in case something falls through.

Or, if you don't want to proactively support the rule, just wait until they contact you. 

But I don't believe it's going to be at all similar to 2008 and I'm personally not waiting for some massive correction to buy more properties.

AS @Russell Brazil  says there will for sure be another recession that's a given.but who can time it.. and will it be regional.. there is always mini recessions and hot markets.just look at when a factory folds in some smaller burg.. or like right now look at South Carolina which is ON FIRE for jobs.Boeing 787New Volvo factory not yet manned but thousands of jobs and support coming in the next yearMercedes building a new factory same thing.building a new embarkation debarkation for cruise ships in Charleston  14 hotels under construction in Charleston.. then look at another market where not much is happening and won't be happening.but right now real estate is hot and frankly its pretty solid right now.I am not sure on the MF side that kind of goes up and down on over building .. and commercial as well.Like I probably would be a little nervous in the Mall space or some commercial with brick and motor kind of changing.But with the owner occ resi seems pretty solid.. no sub prime NO liar loans.. 

Just waiting to meet with the seller and check out the property.

Nothing major so far on immediate Capex, but I am still waiting on inspections.

I don't think you should be in a huge hurry to close on a house just to go to Europe for xx weeks...might as well wait and not have an extra mortgage payment. 

They have helped thousands of people in this community. 

Wouldn't using your own HELOC/savings result in a few thousand dollars saved, as opposed to the higher interest rate with a HML, and the points and fees?