If you use it fine and if you don't then you will always have something to fall back on if things don't work out. 

I had a few properties under Contract but they did not work out.

A few weeks ago I tried to refi with a recommended lender but it did not work out since the lender would only lend on 75% LTV and I needed the property to appraise at $210k but it came in at $200 which meant I would have to come out of pocket $7k and a 4.8 interest rate compared to my 3.9 in order to convert to a conventional.

Making sure to commit to only buying of the numbers work out and being patient enough to find something that does.

@Jacob Sampson that sounds great if it would work out that way.

The property they mostly work out of is a 7 unit shopping mall he has let go to waste and doesn't even rent out 6 of the units.

Some of the student rentals very close to colleges are renting out by the room so that’s more management intensive but obviously brings in higher income too.Years ago when I lived in New York City, I thought it was unique in that values could change dramatically just by moving a few streets over and having the neighborhood change.

Once those concepts have settled I am going to give it another read.Since joining, I have listened to about 20+ episodes of the podcast and just purchased "The Book on Investing in Real Estate with No (and Low) Money Down" and will begin listening during tomorrow morning workout. 

@Vincent BessYou have to decide if your numbers still work out with an additional 3K in attny fees.

The first is whether or not I discuss all the details with the buyer or do I send over the buyer's info to the company and let them work out the deal.