To prepare, focus on saving for a strong down payment and maintaining a solid credit profile, as both are critical for competitive financing.If possible, look into FHA or conventional loan options for owner-occupied properties, which may offer favorable terms, especially for first-time buyers.

I have analyzed the hold option prior to closing to make sure that if I decided to hold, this deal would cash flow.

Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?

I was under the impression that bank statement loans are an option for self employed

Put in your ad how yours might be better than the other options available. 

But my parents are disputing the options that I've been thinking about.

@Aya ItazuWe have done both before we used a PM but if you have the option to send an invoice that would be my recommendation.

There is not an option to refinance only "your half" of a property.

@Samuel MartinTo secure a new property deal with limited capital and potential DTI challenges, consider Home Equity Line of Credit(HELOC) or Cash-Out Refinance, partner with someone with capital or credit, explore creative financing options, use a BRRRR Strategy, reduce DTI through income boosts or portfolio loans.

In WA state, we are deed of trust state and non-judicial (with an option for judicial) and requires a Notice of Default (30-day cure period) and a 120-day Notice of Trustee Sale with cure period.