You can use your commission for down and closing.  

We close on one more townhome in early February.

Since the previous owner is getting most of the proceeds does the closing attorney issue him a 1099S and then issue my company one for a much lower amount?

Each note is reviewed individually and most note buyers will provide quotes once the transaction has closed, recorded, and the first payment made. 

The importance of lowering expenses and increasing efficiency to maximize property income.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

If you are borrowing $150k, rates will not likely drop enough for you to justify a refinance due to lower rates.

For example, for this one, there are 5 4/2 in my area and they have close to the same condition as mine.

The lower rate or longer term can also make the payment more affordable. 

You get money at closing and then you refinance when rates go down.Anyone done this before?