Its this sharp depreciating component which has always prevented such a purchase.  

They do require these to be done on Primary Residence, and they probably do have a credit component, but may not have an income component to underwriting.

Principal Paydown:  Cash Flow:  Tax Benefits: Savings from depreciation and interest deductions.For a deal to make sense, at least three of these components—home appreciation, cash flow, and principal paydown—need to be strong.

Partial Disposition Benefit: In a cost segregation study, components of a property are identified and depreciated on shorter schedules (like 5, 7, or 15 years).

You should be able to find local builders that will finance the construction component of your new build, however! 

And you do not technically have to replace debt. 

Big lenders like Flagstar that have a servicing component are currently using their servicing business insight to go after refinance business internally.

However, expect greater transparency and heightened consumer awareness that has come out of media attention and NAR settlement to impact the listing component of seller agency as well.

As a result, I had to move forward with a septic replacement.

@Michael ReilmanKohler and American Standard both make great toilets, but Kohler toilets have unique parts that you can't replace at Home Depot or Lowe's.