It was also nice to know that someone respected me enough to ask for guidance.

As I look at the numbers one the questions I have is around what goes into the revenue/sales/rent line in respect to calculating price based on the 2% or 50% rule.

@JoJo Diego  In certain respects, I'm in a very similar situation to you.

I'm a maniac about backup, however.Each of us also keeps a Dropbox folder on our respective laptops containing our private and shared folders, I use Carbonite for immediate backup, and also Time Machine to a portable hard drive every week or so.In the years we've been doing this, we've never had to revert to any of our backups and have never had a corrupt file.

If they are motivated they will respect you being honest and just be happy you helping them out of a bad situation.Good luck!

Respectfully, may I ask what your logic in doing so at the time was?

The guys all know each other and they will respect you for being open and honest with them.

This will include, but not be limited to the transaction not being closed because Seller is unable to complete the transaction for a qualified Buyer, or because the property does not appraise for an amount sufficient to enable the lender to make the required loan, or because Seller elects not to pay for the excess amount in paragraphs 4 (with respect to repairs), 9, or 11, or because the zoning is not as required in paragraph 16 or because Seller cannot deliver marketable title.6.

Ordinarily I would, but the timing was bad for me with respect to being able to finance it.

I'm quiet, respectful of others.