The home looks beautiful, but ya know...looks can be deceiving.

Successful fisherman know that 90% of their time and effort goes into planning and keeping equipment ready to perform and not actually hooking or reeling in the catch..often closing on a popular or active vacation rental (often in a competitive market) happens along the same lines (no pun intended).

If credit is healthy and the property performs from an income standpoint you may be able to go up to 85% on this transaction. 

I just wanted to buy my first home and found this beauty.

You make the assumption that when a note is called, there is time to perform your suggested options and that everyone will agree to do so.

While many will also create LLCs or other entities and perform other services, that is not their core function.

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633.

The procedure, timetable, and any legal or regulatory requirements should all be understood when performing due diligence for a purchase.

I own a beautiful piece of land in Carson, WA with much potential for short term rentals.

That's the beauty of this asset class!