As the seller I would pay for the energy audit, do the analysis on the work to be done (cost vs savings) and then market the home with a prepackaged improvement contract that would meet lender guidelines (solar, EE windows, etc). 45 day close to allow for enough time to do loan and obtain permits, occupancy COE+2. 

Insurance is no more than $45 per month.

Exactly what I am looking for right now...is one video/one 1, 2, 3, 4, 5 page document to walk me step by step to close a first deal. 

Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZ my mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

:) Kristen Cabasrrus county:Local Market Update for May 2024Key Metrics 2023 2024 Percent Change Thru 5-2023 Thru 5-2024 Percent ChangeNew Listings 310 371 + 19.7% 1,416 1,613 + 13.9%Pending Sales 299 276 - 7.7% 1,400 1,291 - 7.8%Closed Sales 296 290 - 2.0% 1,153 1,172 + 1.6%Median Sales Price* $368,000 to $395,000 + 7.3% $360,000 $390,750 + 8.5%Average Sales Price* $398,575 $426,621 + 7.0% $380,709 $427,450 + 12.3%Percent of Original List Price Received* 97.7% 98.2% + 0.5% 95.9% 97.8% + 2.0%List to Close 82 79 - 3.7% 95 88 - 7.4%Days on Market Until Sale 34 26 - 23.5% 45 35 - 22.2%Cumulative Days on Market Until Sale 37 27 - 27.0% 48 38 - 20.8%Average List Price $433,005 $476,998 + 10.2% $432,125 $452,474 + 4.7%Inventory of Homes for Sale 354 469 + 32.5% -- -- --Months Supply of Inventory 1.4 2.0 + 42.9% -- -- --* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.Entire Canopy MLS Area —Cabarrus County —Current as of June 7, 2024.

I own 45 LLC's. 40 in Wyoming, 3 in Colorado and 1 each in Alaska and South Dakota.

What if the property does not sell quickly and you are living in the house for an extra 3, 4, 5 or 6 months extra.

You're trading out a 4/2 and 45 minutes for a 3/1 and 1.5 hours? 

Because I'm 45 and I grew up with a mother who took care of the kids and the house while my father got to get away each day and mingle with his friends at work.

Question, with loan interest rates at a high currently and cash money sitting in the bank making 4-5%, maybe have your partner do a private loan for 6.5-7% short term until rates comes down??