Newbie - My 1st STR Closing Date is Delayed

[Dilcia Morales]

Hello Fellow BP Members,

I am excited that I found my first property for an STR but stressing out over the lender not meeting closing deadline. The communication has been awful and the seller is furious over the one week delay, mostly because the lender will not commit to a date. The seller threatened to put the property back on the market if we don't close in 6 days and the lender is not giving me assurances.
I would love to hear from anyone else who experienced the same and what recourses would I have if any. I am concerned that I will lose my money. Thank you for your responses.