The second appraisal came in at 49K of which the bank will loan 39K which leaves me short for the outstanding 54k balance.I finally had enough and expressed that I felt I was walked into a bad deal and I was mislead about the entire thing.

I'm not in love with it, the house is kinda small and I'm expecting it to need a new roof even though I havent actually walked through it yet.

3) That you're not putting $0.01 in escrow, so you can walk any time without penalty?

The calculator is free, it's accurate as long as you know what numbers to plug in, and it helps you think about line items you might forget to include, like closing costs, which can impact how much cash you walk away with.

Unit is in a great location, shops, restaurants, beach all within minutes of walking.

Call and walk through the entire deal with your lender before doing anything.

Even though I will be spending some time with my team during my visit, I would love to get some additional suggestions about how to best maximize my three days there (i.e. attend a local REIA, driving/walking neigboorhoods of high interest,etc.).  

He has offered to pay me $500 for my inspection ect...Should I just take some cash and walk away or fight it?

Very little money in up front and after fees and everything we walked away with over $40,000.

If it's vacant, we'll walk around it and peek into any parts we can see, look under the crawl space and so forth.