It would probably be easier to put a time limit in writing or communicate that are going to write an offer on another property and withdraw.

The agent could tell you who they report to, which is the communication line of folks to follow.

I've got a file with a cash flow statement, the same one Rich Dad Poor Dad uses, recent pay checks, 3 months of all my bank accounts, credit cards, and student loans, certifications from dorky house buying classes I've taken (it counts towards something) and my fed and state tax returns for two years, and a relatively newish credit report.

Great article21 Ways Rich People Think Differently I learned how to think like the Rich in High School when I knew school and working/slaving away for someone else just wasn't for me, all you do is make someone else rich!

Take the high road and let it go, at the same time maintaining excellent communication with the seller.

I am aware of everything you outlined, I just didn't communicate things clearly on my post.The loan is a good faith, "old school", handshake loan.

I am new to Real Estate Investing and do understand it is a long term plan, not a 'get rich quick" scheme.I know of someone who is selling a town home that already has a tenant in it in Northern New Jersey (Union, NJ).

I'm sure they assumed this would only affect the rich with waterfront homes, but like most things the government goes the middle class was the hardest hit.

I read Rich Dad, Poor Dad yesterday.

While on deployment back in 2010 I discovered Robert Kiyosaki's "Rich Dad Poor Dad" and like many I believe, was very intrigued with the thought of using vehicles like real estate to someday reach financial freedom.