The last several years we have had appreciation, in many markets this has been slowing down.For the people looking at larger deals - it will be about remaining conservative as you have but also making sure you test your numbers. 

Was told we "passed" the lender's test:  730 Credit scores,  plenty of $ for DP and reserves, years fo experience as RE Broker and PM, plus 2 rental properties and hx of BRRR.  2 weeks later, " the lender feels you do not have enough recent flip experience" and terms are up t 20% DP plus 4, not 2, points. 

Maybe she's sub-leasing part of her unit and maybe that's why she so willingly accepted your higher rate?

So if it were me I would gracefully accept his notice and allow him out of the lease with 30 days notice 

But I'd imagine there needs to be some value to back up your reduction for it to be accepted.

@Jerry Brecko most likely the seller not wanting to extend means the offer from someone else he's planning to accept is equally as strong as yours, if not a better offer.

Hey BP Nation,TL;DR: Do banks really expect $350k seasoned in an account to accept an offer on a short sale?

After having the contract signed, I’d put it up on the MLS and market it there for full value and only accept cash offers with a non-refundable deposit; instead of selling it off market to another investor who will give me nowhere near full value.

It has been a few days since we submitted the offer and are approaching the deadline we also put in on the offer.Does anyone know if they sometimes take a few days to get back (most likely waiting for other offers) or if they simply do wish to accept our offer or if there actually is other offers. 

I am looking at a four plex that I currently have an accepted offer on at $160,000; 40,000 down with the balance carried for 17 years at 5% no balloon.