One check for half your max bid, another check for one fourth of your max bid, another check for one eighth of your max bid, etc, with two checks for that final fraction.

This is also why banks have fractional lending, if banks could not make money out of thin air to lend then it would be dumb for them to also lend only the deposits. 

There are three different approaches to consider - whole trust deed investing, fractionalized trust deeds, and loan participations or hypothecations. 

But it really didn’t matter how wrong (or how right) they were when they were consistently buying at a fraction of home replacement cost.

One options you have is organize a large group of investors to offer "Fractional Rights" off as a pre-sale partner offer.

This fractional interested ownership is truly a turn off. 

Most of my California investors are buying in IN, OH, TN and FL.Another great location for STR is on the Oregon Coast great properties that are selling at a fraction of the price compared to Cali homes on the coast.

When you divide the number of these stories by the total number of stays, you are probably talking a fraction of a percent. 

While they might not provide the highest ROI, if you're looking for a more lifestyle-oriented investment, there are options available that offer full ownership with returns covering expenses and could provide cost-free vacations for you and your family.I would caution against most timeshares, private residence clubs, and fractional programs, as they often come with limitations and challenges in resale.

One option is to participate in fractionalized lending (or fictionalized as @Jay Hinrichs suggests 🤣).