FYI I'm an investor & a realtor, and I think it's off-putting to the other party if you try to negotiate again once that window has closed - it's just odd, unless there's something substantial and new that you learnt while in underwriting... but that's why you have the due diligence period etc. 

Do your due diligence but don't get stuck in analysis paralysis.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

Further due diligence would need to be done.The good news is, there could potentially be maybe $160k of equity upside and assuming the property had significant unlevered cash flow, you now dont have a mortgage/debt risk to worry about and then can refinance out in the future if rates drop.

Did my due diligence & know the numbers work as a househack (with good promise for competent rents down the line once I decide to move out).....Outside of dealing with an annoying back and forth with the seller/developer, I can't help but get cold feet due to the size of the town (around 5,000 population).

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

If you want to be a successful RE investor, you need to learn to take control of the due diligence process, and you cannot blindly trust that others will handle due diligence for you (hopefully they will, but ultimately, the buck stops with you). 

The key is to remain patient and diligent in your search for deals, and take advantage of any opportunities that arise.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Now I can say I’ve almost come full circle.During lock down last year I spent a lot of time watching YouTube videos and stumbled across an Australian (Lindsay Stewart) who was acquiring US properties remotely.I have been investing in property since 2007 but had never had anyone walk me through the process of how to successfully invest remotely.After months of due diligence I acquired a property in Roseville, MI from (having never been to that state let alone that city).I was able to buy it deeply discounted, with a tenant in place only doing minimum delayed maintenance items - 500 spent.The asset is generating a 10.2% net yield and once I carry out a cosmetic renovation that will increase to 16.2% net yield!