Yesterday was our mortgage contingency date and the lender says he just submitted our file to U/W and our lawyer requested a 7 day extension.I’ve provided every document asked for quickly and clearly labeled.

If there has not been a sale then the property does not yet belong to the mortgage company as an REO nor has it been sold to a 3rd party at auction.  

Hey Everyone, Talked to my mortgage broker today to see what kind of property i would qualify for with a conventional mortgage, and she said something that I wanted to verify with everyone.A couple of properties I am looking at are Condos, and they have an association fee associated with them.My broker pretty much cut me off and said, any unit that is part of a "Condo Association" will not qualify for a convention mortgage on an investment property.  

The seller had a mortgage so that didn't happen either.

Any suggestions on how to negotiate owner financing rather than typical 20% down and 30 year mortgage?

In fact, not only will they buy me the house (paying the mortgage) but they can pay for my retirement contribution, purchase me a new car, pay for my annual vacations, my medical insurance, my kids college tuition.

Or I was also looking for 400k house that I would be able to add value such as guest house or something else to cover the mortgage payment?

HI @Jason BradstreetLast time we referred to Movement Mortgage for HELOC.

I'm going to follow up with the actual mortgage loan officer tomorrow to make sure they are all on the same page.

His mortgage is just more than $1,500 right now, so there is no cash flow opportunity, even with self-managing.