I have seen, and used myself in situations I financed, the following scenario which can sometimes be used to “finance” a particularly attractive property especially where the purchase price is being executed significantly lower than appraised value.  

It could make sense on those scenarios that are tight on the DSCR. 

BTW, a common misconception is that hard money loans are used when borrowers are “short” down payment money.  

(Short term in the peak season <30day bookings, and mid term for the rest of the year >30bookings).65% occupancy rate is common around the metro for Airbnb.

That is actually pretty common, although the law regarding filing the tax exemption has changed in the past couple of years, before you could buy for example a house any day in 2024, but the new tax exemption could not be filed until Jan 1, 2025. 

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.

Hey Nick, yep already said but if you can't qualify based on your wife's income alone then a bank statement program is the most common for business owners when the taxes might not average what they're looking for. 

I want to provide access through the common wall of the two units of a duplex. nothing fancy, sort of a "doorway" without a door, same size of a door.

Ask your CPA to give you a tax plan with each scenario.

Cash is king when it comes to buying homes in the wholesale market, and this rule also applies to many other scenarios.