When we were on a call with Lendbase and the lender, the lender was telling us we needed $2.5 million in liquidity post-closing but after speaking with other brokers we found out we only needed $300k.

I am starting the turn on one side of the asset I'm considering liquidating and have a little time to continue to think it over.

You might have other options to explore to drum up liquidity (HELOC, Margin Loan, Policy Loan, etc) that can supplement your HYSA in the DP.

So, with that being said, market cooled off for sure the last few months in our area.

Quote from @David Lewis: @River Sava oh very cool!

Cool to hear Matthew, as of right now Fargo, ND is still behind the times in regulation. 

We are looking to open up the wall and then raise the floor and plumb 2 heated and cooled air duct lines to the room.

Your new pocket neighborhood sounds really cool.

Meeting a 20% down payment to avoid PMI seems manageable, although would take a big chunk of my liquid net worth, and I prefer this route over using an FHA loan.

They could also sell the property to you and lease it back, allowing them to remain in the home while accessing liquidity.