I've already said there are cases, but since th OP didn't mention any estate issue or other odd circumstance, the first assumption is that it's a sale transaction, can you show it's not from what was posted?

Is the POF "form" you have some letter from some Internet/transactional lender?

(though check with an FHA lender)From FAQ on the HUD website:"To prevent circumvention of the restrictions on FHA-insured mortgages to investors, FHA generally will not insure more than one mortgage for any borrower (transactions in which an existing FHA mortgage is paid off and another FHA mortgage is acquired are acceptable)" (italics added by me)In your case, the refinance you plan on doing will pay off the "existing FHA mortgage", then a new FHA mortgage is acceptable.The caveat.."

That transaction was very exciting and profitable.For years I've been studying the NYC and surrounding NY/NJ markets purely out of curiosity to learn more.

Tacoma to Olympia has a lot of multi-family between that would skew your comparisons; however, there are some transactions that fit within them as well.A couple months ago I brokered a fractured 46 unit conversion at $35,000 a door in Lakewood, which frankly I hadn’t anticipated trading that high.

Where are you in this situation, meaning what is your role in the transaction?

You may be required to have the funds to close your side of the transaction (the A to B, if seller is A, you're B and end buyer is C) seperate from the B to C funds.

Will an escrow company be handling the transaction?

Before I get into any deal, I want to find a lawyer who can prepare a contract and some necessary documents to mitigate potential risk involved in subject to transaction.

lol, JKTo answer the question a Realtor doesn't need to be and shouldn't be involved in a wholesaler transaction.