Hello everyone,I'm on the fence with this investment decision since it is life changing!

In the meantime I let the runner up know that we'll have a decision within 24 hours, but it looks like we'll be moving forward with the other applicant. 

Now I can make that decision from my office and others like it. - this one of possibly thousands of small mechanical steps that go into the decision making process during renovation and flip projects.

Then make a decision on who to contact from there.Also, make sure to be specific when asking them what type of law they practice.

No, you don't have to do it if the project is not a solid business decision to pursue.

Let's look at the rates and differences and what I'm trying to make my decision on:FHA 3.75% interest3.5% down.PMI through the life of the loan.Higher insurance premiums.A little higher mortgage payment.Conventional fixed rate4.25%5% down.PMI drops at 20% loan to value.Lower insurance (me and the lender calculated nearly $100 month difference roughly)Slightly lower mortgage payment.Now with this information I was provided the conventional is a no brainer as over the long term and beginning costs are less. 5% down is my max for down payment I can do in order to cover all other fees to seal the deal.

I always like to leverage local knowledge before making a decision.

This is why in contracts it will say something like ( The brokerage, broker, agent IS NOT an expert relative to ( all these listed matters etc. ) and that if the buyer has any questions they should seek the professional out to help them research a situation to make a decision ( something to that effect .)3.

Originally posted by @Cory Boren:After going to the property and leaving notice I had to enter from a window in the back.Can I point out that I don't think this was a very wise decision?  

Raju,No doubt that is a tough decision.