If I were to do this parental financing, it would be this summer, but yea it would definitely be a big ask; although, I would be able to contribute $15k-$20k to the down payment. 

I am seeking some advise for our particular situation.The previous owner that was foreclosed on is still living in the property.

I have already identified a specific property and am seeking experienced guidance to help me strategically navigate financing, structure, and acquisition.

Owner don't know about the DSCR.

Due to that I'm considering shifting focus into mobile homes by means of buying distressed, fixing up, and seller financing/renting out as a way to get cash flow to start funding bigger investments.

Something that’s been trending this week in the tax strategy world:Short-term rental owners assuming they qualify for the STR exception… without solid documentation.A lot of investors know the headline rule:Average stay 7 days or less + material participation = potential non-passive treatment.But here’s what’s getting attention lately Material participation isn’t a vibe.

-What kind of loans/financing do I need to be looking into for this to get funded?

Hello Martin, In expensive markets like San Jose I’ve seen some owners offset their mortgage by renting a room or creating a small separate unit if the property allows it.

It keeps the incentives aligned without giving away equity or making it feel like a full partnership too early.The key is defining upfront what "qualified" means to you — property type, market, price range — so you're not paying for leads that don't fit your criteria.As you start closing on multifamily deals, the financing side becomes just as important as the deal sourcing.

Second thing to share is that my goal is to combine this investment property into a house-hack, wherein I'd live in 1 unit, rent out the rest, and utilize conventional financing to take advantage of lower down payment and reduce my housing expenses by having tenants offset the mortgage.