So yes, you can ask.Your PA will determine the next steps though...are you in the inspection period, did you sign off on inspection etc....but I wouldn't back down w/o some solid answers. 

So on the one hand, betting only on appreciation is a gamble (and that's why I mentioned that you need to determine whether you can survive a market downturn) but on the other hand, you can use market and economic trends to get a certain "feeling" of where the market will be in the future.

DTI is an important factor when determining how much house you'll be able to afford.

That’s pretty well my mentality at the moment, stockpile the cash.

Each seems to have its own computer programs that determine the risk based on the location.  

We are trying to determine the best way to get financing and are somewhat lost.

It's almost impossible to forget to contact someone and determine if they want to renew or not. 

I probably err on the side of holding vs flipping for a profit too much, as it's hard for me to mentally justify selling something now that I can 99% expect to be more expensive in the future. 

Have an abundance mentality.

@Jason KimThis is an age old question that is more about Active vs Passive real estate.Both options work, it's more about your goals that will determine your path.