You pay in two ways:  Upfront cost and in pre-payment penalty. 

Just curious, how did you get a 9-unit under contract without a pre-approval or proof of funds?

@Timothy Blackman- thanks  ...get some referrals for lenders from friends / co workers ...contact them all on the same day with the same criteria and ask them any questions you have and  ask for some scenarios ...compare the  feedback and service they provide ...pick one lender to get pre approved with ,,once you have a property - contact all lenders again for pricing options for the actual loan you will need ...hopefully the lender you chose for pre approval will be competitive in their pricing ..good luck

Bitcoin is nothing but a pre-condition to a central bank digital currency.  

Not sure about lead times now, I worked with them pre covid.

In the spirit of order of operations, might be helpful to break down in this fashion: 1) With your 401(k), do you have pre-tax money and post-tax Roth funds?

With 700+ credit you should be able to get mid to high 6s if you pay a couple points and do a 5 year pre payment penalty.

Pre-inspection, it appears to be a solid opportunity.

Is ongoing management charges separated out from pre-ownership services - finding, renovating and furnishing? 

Quote from @Stephanie Cruz: You do not need to send them anything for a verbal pre-screening.