Well you can make some body balm with 1 part butter, 1 part oil and 1 part beezwax and some essential oils if you wish. It works pretty well. You can probably make it thinner by using 2 parts (one of each butter) one part oil and one part beezwax.
Something resembling a thick lotion requires a bit more ingrediants and preservatives and is a bit more involved and complicated to make. If you like though I can link at you some tips for that.
I am pretty inexperienced at it though and have only made like three batches of lotion so I would rather post links that try to describe it myself.
Not all those who wander are lost