This project was located in Westminster, CO. 

One thing to keep in mind is that FHA/HUD loans are run by the government, and thus you're dealing with government employees.

I think if you get a private loan for the down payment they need to co-sign.  

We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry a significant amount of junk fees:Amount requested                                   250,000.00type                                                             2nd trust deedterms:                                                         no pre payment penalties after 3 monthsrate                                                             10%Points 1,75                                                4,375.00lender Underwriting                                795.00lender Admin                                            700.00lawyer fee                                                   1,000.00Escrow Fees                                                450.00title co Property Inspection Fee              75.00Notary Fee                                                  175.00Electronic Recording Fees to title co       20.00Lender Refinance Policy to Title co         1,032.00Endorsement - estimate to Title co         125.00Recording Fees to Title co                         75.00Deed of Trust Recording to title co         150.00total junk fees                                             $4597It is the first time we use a hard money lender, but to me 50% of these fees are avoidable and should be negociatedCould you guys give me your opinion about these terms and what are the fees you'd pay and wouldn't?

https://www.biggerpockets.com/users/elh505https://www.biggerpockets.com/co/atlas-financial Atlas Financial www.atlasfinancialllc.com

I just purchased a house a month ago, and after moving in, I noticed that the toilet in the second floor bathroom is not level.

The reason for the title co issue has more to do with how the property is transferred (tax claim deed). 

That money is still the tenants' money and it's not allowed that it should co-mingle with the landlord's funds.    

Thank you so much for all the input.Yes I was extremely confused on this one because tenants are great tenants and Seller does not want to leave them in a bind and I think that is very nice of the seller.Tenants have been pleasant thus far and appear to take great pride in their unit.When you walk in, it appears as if you are walking into a catalog, they pay on time, have stable jobs and overall no complaints.One less vacancy at purchase would be great so thus being willing to make this work for all, without being tied to a lease agreement that I do not support fully as it is simply too vague for my comfort.I do however remain very conscious of the fact that I do not yet own the property so any such requests would really be overstepping my rights, if any at this time.Seller contacted us for input and thus the initially displayed approach, but I really do like and appreciate the comments here.I like too, that they in part support my decision to provide the lease ahead of time for review.So now I know that, I just cannot ask them to sign it, but have to wait.Thank you all.Follow-up Questions: According to Colorado Law, the lease will revert to a month to month once expired so @Deanna McCormick, can I then use January as the 30-day notice period or would I need to make that January and February?

@Melissa Harris reach out to @Justin Cooper he can give you more details or put you in touch with a refinance lender that we use out in CO for more details.