Totally agree about the "bigger bird, smaller stone" analogy (can I borrow this?)

I just finished the BP book by Avery Carl and am hoping to borrow from ourselves to fund our first vacation rental. 

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

None of us are as smart as we think we are when an investment goes right.Lastly, I'll borrow a thought from Morgan Housel - don't seek the investments with the best returns; seek the investments that will allow me to make an average return for the longest period of time.

So if for example, a max LTV for a borrower's credit score is 75%, the program will reduce to 70%.

Trying to cut my losses as the borrower got all her unsecured debts discharged through Chapter 7.

If you want to buy another rental, then saving your money for that (assuming you have room to borrow more money) is probably the better idea.

For a conventional loan, you can borrow UP to what you paid for the property plus closing costs OR 75% of the appraised value which ever is less.  

@Michael Challenger I scraped all the cash I could find and borrowed from family.

Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.