Ask the lender about things like "self sufficiency" (you need this for a 3 unit with FHA).

You want to be fair and honest, and to make a profit.This is all assuming there's sufficient equity to make a typical wholesale deal work. 

We CAN do a notary closing, but a fully signed P&S is sufficient to be binding.

For example, people are buying vast quantities of toilet paper.

It is possible that, for example, 'substantial damage to property' would present a compelling reason which the District Court might deem sufficient.

The banks don't want to take mass quantities of properties back either;  Steep losses occur with foreclosures.The readers of this thread are more concerned with investment properties that have a downturn performance. 

Get a HELOC with this mortgage and see if there is sufficient funds in the HELOC to do the pre-construction condo if you are still leaning that way. 

Fortunately, we had sufficient personal resources to feed cash into the property as needed and we were able to weather the storm.

For those that are not familiar with lending, a major component to the crisis a decade ago was banks had to liquidate assets because they did not have sufficient reserves.

You don’t.....the above reasons are not sufficient.