@Jay Lutz Make sure you have a very detailed, professionally drawn up partnership agreement with at least one or preferably more exit strategies written into it.

With the free data sites, you do need to be extra careful, because that is almost strictly algorithm with only a couple months of actual data.

Or, think about "house hacking" – live in a place with multiple units, rent out the extra ones, and cover your living costs.

My current hard money lender has been good however the extra costs on top of the down payment have been getting ridiculous.

Happy to provide any other details.

Here are some details:- HELOC on my primary, paid off residence (current rate 8.65% could be used to do an all cash offer.- I have a second home (condo) with no mortgage that I could also take a mortgage or HELOC against, but not for 6+ months as it was just purchased.- I could go traditional loan, using primary home HELOC as down payment, so effectively carrying two notes (down payment with higher HELOC rate, balance with current mortgage rate). - credit score is above 800.Any guidance on above options or ideas on other financing scenarios would be greatly appreciated.Thanks so much!

I'm going to try to keep the short so, if I miss any details because of the shortness, please let me know.I own 5 lots on the Gulf Coast of Mississippi. 3 are empty , 1 has a home and is a STR (does very well), the last lot I am at the end of a ground up build and will be using for my primary residence.

My blog has detailed stories that may be helpful.

We used tax returns, work bonus payments, any extra money for down payments and for renovation. 

It comes down to setting expectations; did any of the applicants provide specific, detailed reasoning for backing out?