Check with mortgage brokers who work with commercial lenders. 

An FHA mortgage contingency gives you some outs and ability to negotiate and even back out of the agreement. 

@Mitrah Rasti The mortgage was given to both of you from the bank.

Potentially a good idea to search out a good Non-QM/DSCR focused mortgage broker thats on the ground in Las Vegas to find you a good optionDSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

Since then the mortgage has been reassigned by BoA to another lender (Nationstar Mortgage).

When underwriting some people would have the first mortgage listed and then a 2nd mortgage...the HELOC..., while others would take both payments add them together and list it as the mortgage. 

I know most people only come online and post reviews when they’re upset (because that’s when they want to be heard and vent), but I feel Lance is getting some really unfair one-sided criticism here, and I wanted to share a much different experience I myself had with him.I went into real estate knowing very little.

1) Late Fees: we charge 5% of rent, just like banks do on mortgages.

Yes for sure possible upto 80% on a 30 year fixed if rent covers the mortgage . 

So you walk away with 25% equity/75% debt split on a property where the mortgage is being paid by a renter and there's a few hundred per month extra for your pocket.You now get to repeat the process again, it is called "rinse and repeat".