In other words, learn to buy with low or now downpayment (read Brandon Turner's book) and look into tactics like wholesaling and subject to.

I found out that the seller is very motivated and is offering ALL types of creative financing options with rates as low as 3.75%.

Assuming the person you have in mind has the capital and credit necessary to purchase the property and meet the lenders requirements, that would get a deal done.

Low closing costs, with minimal documentation and competitive rates.

As such, I'd let the "2 years in the last 5 years" rule lapse given the low interest rate I got on the first and how well it is cash flowing.

Quote from @Bonnie Low: I'm excited to see this forum, too, though I hope BP won't stray too far from its roots in RE.

 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 AZmy 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?

Low closing costs, with minimal documentation and competitive rates.

Did you pay a low enough price that if the house is not savable it will still be a good deal?

Typically most lenders will cap you at a $500k line of credit limit.