Agents come in all flavors we are closing one next week.

Thank God we are not living those times any more.It seems that you are a  young person, so naturally, you may be comparing the rates you were recently quoted to the rates of January 2021.

Short term, long term, etc. 

Had a succesful investment with College friend 10 years ago and now we are cashing out and going our separate ways. 

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.

@Thomas Ungrady is a member here (though I can’t tag him because we are not colleagues).

On the 2nd thought we are getting into a busy season.

Tenant in CA is also always always more credible.To cut the story short, my buy box is buy in area where DOM < 10 days, avg price > 700k.

With neither party being alive it took a while to short out with heirs.

Then you would need to look at the pure cash flow play of what type of rents can you get and is your cash flow return adequate to make the deal worthwhile, even if the residual value isn't there in the short term.