Best bet with these circumstances would be a DSCR (debt service coverage loan).

I also agree with Drew - never accept cash and under no circumstances pick up rent - that is just so backwards!

Also, with inflation where it is, it makes even more sense to be a borrower in many circumstances. 

This may open a prime opportunity for investors looking to employ alternative strategies such as seller financing and housing hacking which both have potential to secure higher returns than the majority of buyers out there are able to achieve under other circumstances.

There are a few factors to consider-As you mentioned, if you're a married couple filing jointly you could have tax exemption up to $500,000 if you meet the eligibility testsIf it's the sale of your main home, then you must apply the "facts and circumstances" test...The address listed on your:U.S.

I don't plan on lying under any circumstances!

@Bradley Rieger successfully pitching seller financing requires understanding the sellers circumstances and how it would benefit them.

I'd like this to be considered a normal circumstance.

I'm looking to purchase my first rental property, and my goal is to get a low fixed interest rate mortgage given my circumstances.

Fix the heat as quickly as possible, like you would for any tenant under any circumstances.