But short term an auto loan will only take away from your income/ability to afford a mortgage.Most lenders will allow for a credit score as low as 580 for FHA and 640 for conventional loans.

I am currently pre-approved for 300k with the VA loan, willing to put a down payment if i see a deal a bit overbudget.

STR loans qualify similar to LTR, and with the usually higher monthly rents from STRs, the lender can leverage higher loan amounts. 

The only time I have seen short sales WITHOUT an arms length agreement would be reverse mortgages, or very random portfolio loans. 

The only area that it seems the IRS could really rule on is whether the monetization loan violates the pledge rule.

Hey Gang,So I've been a mortgage broker for several years in the CRE Lending space, and I have capital partners I work with who offer 100% CLTV funding for bridge loans or short term, I/O financing.

My question is if i purchase the property as seller finance and there is a promissory note what are my options for loans on the new construction?

3%, 15 yr, 0% down on loan. 

I will get some pricing on some hard money loans and add them to my budget.

They can also split move-in cost into payments over 3 months in WA and 6 months in Seattle.I would add that they have no outstanding balances with a prior landlord.