It just means you will be stronger for the next one.

Originally posted by @Brian Orr:Some great points here, thank youunless your speaking I find country club casual or business casual is appropriate dress.. but it will go the gambit  from those in shorts and flip flops to those in tie and jacket. 

Tie in a simple railing.

I’ve seen this happen here before and I don’t want to be tied to a home like that for the next 10+ years and watch my equity dwindle if the market corrects substantially.

That ties up your money for a long time.

That money will be tied up in the investment and should be included in your calculations for a realistic COCROI.

@Sharon Miller it’s not amazing and having 200k “tied up” you could do better.

I was a horse's butt back then, I thought I had all the answers, in and out of trouble, but she always believed in me even when I would snap back at her and act like a real knucklehead (trust me, I wanted to use a stronger word here, lol.)

Or do they expect to pull out only the acquisition and hard costs leaving some money tied up in the property?

Or The appraisal’s going to come in 10-20% lower (depending on house versus land values that Jay brought up.) and you’ll be in a much stronger position where no one who needs a loan can buy without bringing 50% cash to the deal.