I'm asking all of this because I'd prefer to get it in good enough condition to get the balloon loan on it, versus trying to scramble for an expensive hard money or personal loan. 

@Travis Gregory - the main advantage in my experience is that lenders have to scramble sometimes when things get dicey. 

Well, you should buy it and take title like a REAL RE investment.Otherwise, take as long as you want and waste the seller's time while you scramble to find a buyer.

It seems to me that if you've got a furnished rental right now or even a regular rental near a campus that just shut down, you are in a good position as students scramble. 

Worst case, I completely screw things up and have to scramble and hustle to do get this deal done.

Perhaps I should have worded my question better.i am basically trying to find cash buyers so that I dont have to scramble to finalize the deal after i have a property under contract. 

I just moved from Oakland, CA so I know the similar issues in the Bay Area well.Our situation here was a very last minute scramble to secure a 3-unit building in the middle of the night that was ransacked after recently being re-remodeled (This was the 2nd time they broke in and wiped them out.)

With that said, the scramble to meet demand and grab market share has already begun.

Sorry, this was my first post so was a little scrambled.  

Many real estate investors are scrambling to determine whether their investments will be able to withstand the impact that the pandemic has on the economy.