I'm working through analyzing bigger deals and came across this one:https://www.loopnet.com/Listing/Hopkins-SC/16714295/To note, all but one of the homes appear to be owned by the lot so maintenance/repairs could vary wildly year to year and would require quite a bit of work.

It varies a lot.If you're wholesaling you can "close" your end by assigning the contract and someone give you a check and you drive to the bank.If you're doing a double closing you have to go through the whole closing process, which depends on the way the end-user is buying (cash versus one loan or another) and can take 3-6 weeks or whatever that takes.

Ideally I’d like it to have 3 different options with varied interest rates depending on how much cash I put down, and where it shows the seller the total of what they earn in each scenario (which would be more than a straight sale).I know I could create it myself or buy it from a guru, but there’s so many smart folks on the BP forum I thought one of you might be willing to help me out on the first seller financed deal!

This may vary based on the initial price of the property and how much time you plan to spend managing the property.Keep us posted with how you decide to proceed and how it works out!

I’ve been given varying advice on what streets to avoid.

This property is also an ideal vacation rental which is what the second level if often used for, so income could vary but likely minimum $5k per month.Since this property is fully paid off and would convert to a rental income with profits (assuming no vacancy issues), would it make sense to buy new primary residence of similar value using a cross-collateralized loan in order to leverage the equity and if so, would a refinance option in a year or two be feasible in order to detach the properties from each other and the lender? 

Depending on the situation and where the property is located, the cost for foreclosure can vary greatly, so to see a range in foreclosure cost is not uncommon.A Consent Foreclosure is also an option that most borrowers do not know is available to them.

@Emily Smith what I share with you is for educational purposes only and is not considered professional counseling or therapy. 

Plus they like to see you own the property for over a year.The next option is an alternative option that will do a cashout with no seasoning and they dont require tax returns either.Rates will vary based on loan type, loan term, and LTV.But you can do a 30 yr fixed loan, interest only loan, and or hybrid arm loans that are fixed for 5-7 years without a balloon payment.The biggest benefit with the alternative source is the ability to cash-out without any restrictions and customize your loan.

The fees non-bank lenders vary, there are some that keep them very low though!