Use this as a way to secure downpayment, then refinance and pay back the loan to secure your cryptocurrency.That said however, I think real estate investing is going to change dramatically over the next several years, largely due to smart contracts and tokenization.

What is the point of a contract if you can just change your mind and walk away? 

If you compare the sales pitch between Next Level Equity and Goodin Development  you'll hear a familiar tune with the names changed to protect the guilty.

Quote from @Jason Sung: I agree with Greg, you could first talk to the contact you have been working with on this so far, see if they can change it..

Currently changing my mindset of I can’t do that, to how can I?

So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.

Had we scheduled the closing in the morning, there would not have been an issue.The only potential upside is that a disaster area declaration triggers changes in mortgage rules that could beneficial to the buyer. 

If you want to change the design, then do upon closing.

Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ? 

I also have few loans with flagstar and would like to explore changing from personal name to LLC.