First and foremost, if she is going to owner-finance it to you, no, you don't need credit pulls, unless she asks for them as the lender.

Connect with a lender to see what you qualify for and how you can improve that situation7.

Make sure to vet your lender if you are going that route as STR financing can be challenging sometimes. 

On a separate note, I see that you're a lender, do you have provide loans for properties in the NC or SC area?

I have a hard money lender willing to work with me but I have to start with a small project.

Hi @Sejin Kim, licensed lender here in Florida.

It is much better than the 1% rule and the ability to pull equity will be very useful for my next play Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

There was a builder lender that made the deal easy.

It was a standard local realtor and lender deal for a first time home using an FHA loan.

Problem is, the lenders my Realtor has done business with will not do a loan for a studio.