I believe Escrow is once you go firm / commit to the property after due diligence (DD).

When you sign a contract, HONOR your commitment. 

Assuming you have a trustworthy guy, maybe you don't save a ton of money with a fixed cost route, but at least you know exactly what you're committing to - barring some catastrophic find with the plumbing - when you start the job.

They are asking to see if you are going to commit mortgage fraud.

This allows you to make your sellers feel as though they are in an exclusive group of home owners that have the best homes on the block. often times you can lead with a very simple and honest, "I would like to add your home to the package of carefully selected properties to be sold to cash buyers, there's nothing you would need to commit to even if someone made an offer to buy it."

My girlfriend (hopefully fiance soon) and and I are expecting our first (boy, thank god) in a few weeks, and I wanted to get started sooner rather than later and commit to my first investment.

This confirms that it would be acceptable as long as the 50% test is satisfied on the following dates: (i) the “initial valuation date” or the first date on which the corporation makes an investment that is not a short-term investment of funds pending long-term commitment; and (ii) at least one day during each annual valuation period.

The way I understand it is when you buy a house with an FHA loan, you are committing to living there and buying the property f inor yourself, and therefore cannot rent out the house even if you have been there for a year.

But you made a commitment and followed through, despite all the negative s*** that came along with it.

I don't know if you're telling the truth, giving us all the information, etc.If you have not committed a crime or violated your lease, then the judge will rule in your favor.