. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

Is there a way to find a mentor who I can shadow and learn about the deal process?

You are providing the seller a convenience1) The deal will not fall through because of financing contingency2) You can close faster than those neeeding financingIn exchange, the seller gives you a reduced price.

Background:
Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions a...

Here is the breakdown (for beginners) -  You can pay "Points" to reduce your interest rate.

However, we basically redrew the floorplan ourselves, drastically reduced the sq ft of the house and got a local architect to create the plan to make it work with our numbers.

My opinion is that rates will be reduced in by 1/4 pt in Sept with the intent of shinning a positive light on the democratic party.

Most NEW owners are very unreasonable on price because they want the highest price when they should be focused on reducing vacancy.

Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.

But if you need more cash in hand now and can handle the higher fees and reduced cash flow, option 1 could make sense.As for shopping around, it might be worth getting a few more quotes, especially if you think you can find something that combines the best of both worlds—a decent LTV and lower fees.Hope this helps!