As far as cash flow goes, if I finance the purchase with 20% down...I would lose my shirt at $320k.

As far as cash flow goes, if I finance the purchase with 20% down...I would lose my shirt at $320k.

We have many questions about how to proceed, but wanted to start with this one:We are about to lose our current health insurance and are looking for a new plan.

I was under contact on a property and was 2 weeks away from close, so I was going to lose the deal and my deposit.

Since this is rental income, I will not lose sleep at night for temporary declines of real estate value.Real Estate Owned (Assets, income, debt):1.

I would most likely not lose money, but I would have to settle for mediocre returns. 

@Jean Norton did you lose money because it was redeemed, or did you get some sot of interest payment?

I figured I have nothing to lose but time, and by seeing my great work ethic, I may be able to establish a great relationship with the investor and could grow into an eventual partner.

Legally, she still has ownership interest in the property and could sue to claim it, and you would probably lose.

I need to know if I have any options here other than to risk losing my 3% earnest money deposit and the most amazing house for my family.My wife and I made an offer on a bigger house and we were very fortunate that the buyer picked us.