Most lenders will want to see your track record, net worth, creditworthiness, and liquidity to qualify you.

This way you can weed out the lookie loos and people who aren’t qualified, while also cutting down on the number of times you show the property!

They will all have there own requirements, not only the financial aspects (terms and requirements of loans), but also on experience needed and whether yours qualifies.  

Doubt I want a HELOC because I can't pay it back right away -plus I technically don't qualify.

She used to live in the house and now lives with us for about 2 years now so the property still qualifies as primary residence.

First I would see if they would qualify for a 121 exclusion.

Personally, I would recommend purchasing the primary residence first, mainly because of how the DTI is calculated.Scenario 1: If you were to purchase the STR first, and then the primary residence, you will likely need to qualify with the full payments on both properties depending on your timeline.

Non-occupying co-Borrower: A non-occupying co-Borrower on an existing FHA insured Mortgage may qualify for another FHA-insured Mortgage on a new Property to be their own Principal Residence.

The property is ~75% occupied, so it wouldn't qualify for agency programs.The seller is extremely motivated and may even consider seller financing her equity.

Found something new to qualify in your next lease 😀.