Hello Everyone,So I was thinking about something this morning and maybe I am drawing a blank.

Scenario: The sellers are backing out of the deal, but you have considerable amount of time, sometimes money, and investment emotion in a deal and all of a sudden... seller changes their mind?

I would say more of the consideration would be whether those margins are enough to make up for any unexpected repairs or whatever.

I am bringing an inspector and 4 other people which will help me review the property, make auto-cad drawings and extra sets of eyes on potential repairs.

In my mind where you draw the line on Metrics of what a "good deal looks like" comes out of your "why" - why do you do REI at all.

If I am not taking certain facts of operating as an REA into consideration please let me know why and how they may effect my investing goals.These are very green questions, so thank you for your time.Sergio Rodriguez

To be clear, he did not ask for prior approval, nor is he asking for any compensation or consideration - unless we do the bathroom. 

The construction loan is $60,000, provided in 3 $20,000 draws on days 30, 45, and 60 of the project.

The real question you need to ask yourself: what is my end goal; am I investing in this for the short run cash flow, or am I more concerned about a buy strategy that takes appreciation and my equity in the house into consideration.

I have funds on my company 401k but can only draw loans.