Painful loan process please advise

[Al Richards]

So far I am about 30days late to close on a property I find to be a great investment. The property has been the easy part the financing has been a nightmare. I'm getting a FHA/ FHA 203K loan and I have everything needed on my end just waiting on the lender to get the appraisal. The problem is I was told the appraisal request was submitted 7 days ago, I was supposed to close tomorrow, currently I can't reach my loan processor and when I do I don't get a straight answer. The seller is ready to walk away with my deposit, what should I do……?

Here so background on the property,

140k purchase price + 110k rehab loan=250k Loan

4 units, 2br each average rentals 1200$ each

Monthly PITI 2500$ /Rental Income 3600$-4800$