But I never acted because I didn't have the money, knowledge or confidence to pull the trigger. 

My lender called me this week saying FHA rates have plummeted and can lock me in at 5.6 if I refied.

I've closed all the ones I've done this with but locking it up at a good number is most important.I've even found deals by calling on for rent signs in an area and just asking if they would entertain an offer.Ask, text and email.

Absolutely insane to lock up your money that long and the best you are hoping for is to break even.

Posted 3 day notice, then, bam, out and code enforcement and the police came and watched me change the locks and posted no one could enter the property. 

We were about to close on a refi locking in a 2.5% 30 year fixed and pulled the plug at the last minute to switch to the All in One, but the lender pretty much told me why I was making a poor choice, so this is very affirming.

We quote based on the estimated FICO score you provide so if done right with accurately submitted numbers (property income, expenses, taxes) then the actual credit pull on loan app is the only way a rate would differ from the quote and term that is rate locked for underwriting or if the loan app is submitted in a large enough time window in which rates could have changed (we're in a dynamic rate environment so by the day and the week rates fluctuate). 

Hi Kristine, yes the high interest rate is what I don't like at all about this. and the fact that is not at locked rate, but as you said in this case it supposed to come down anyways. thanks

Can obviously mitigate access to the property by disabling the code if using a smart lock, but other than that, are there any advantages/disadvantages that you've seen?

Just curious if the numbers look right to experienced wholesalers before I lock it in...Let's assume the property is in a healthy market area and that my ARV is correct...