I am working with a partner in Louisville, KY where we are under contract on a house, currently, trying to figure out how to make the deal work financially. 

Besides my earnest deposit I have other financial obligations to this deal, title search, appraisal, attorney and and enormous amount of time.

@Jonathan Morning yes almost any financial institution will have access to all the FHA loans.

It is truly remarkable the amount of frugal muscles I have developed.Thank you too @Mindy Jensen for having guests and helping spread the word of financial independence.Not all heroes wear capes, some have podcasts! 

If he is in a bad financial situation, he may just be trying to leverage the situation to buy himself time.

The listing agent will not release any financial info without a contract.

However, if you do a good job of leasing it up quickly and can demonstrate a few months solid financials, then you should have no problem refinancing.

However the monthly payments are still considerably lower than what I can afford, and I am also largely financially independent at this point in life.I scrimped and saved til about age 37....now I spend pretty freely as even doing so I have much more coming in than going out.

Freedom and financial abundance without being time constrained.

The listing agent will not release any financial info without a contract.