John,What is being requested from you is not uncommon when the Buyer is taking an FHA loan on a property you flip.

In fact, multiple offers are not uncommon.  

There is a lot to figure out and combined with the fear of losing money, it is not uncommon to feel overwhelmed when trying to find your first deal.

This was a massive, world changing and UNCOMMON pandemic.Now, we sit here in Mid-May getting nonstop bookings from people dying to get out of their home (most seem to be coming from the mid-west and want to come out and hike in our lovely mountains).

If you have an area where that housing type is not uncommon, then comps should be easy to find and easy work for the Appraiser.

Breaking the One Percent Rule isn’t uncommon in either of these areas and can be applied as a baseline in situations where immense appreciation isn’t expected in B-C class neighborhoods.

Because of this, it's not uncommon for many entrepreneurs to "fail."

As a loan originator I can tell you what they did is not uncommon.

It's happening all over LA ramping up the change to pat for the stadium (Rams) and to have the crowd live around it and populating the area. 90 day notices (so much so moratoriums have been placed because it's affecting GLUTS of people) where rents are jumping from 12-1300 for 2br 1ba apts to 28-3200 .. basically defacto evictions knowing people cannot afford it, specifically those on fixed incomes (this isn't uncommon as of late) .. so much of a jump Bay Area housing takes notice.

It isn't uncommon to have a multiple offer situation on homes that have sat for a long time once they finally reduce the price to something investors see as a good deal.