Looking for a bit of advice

[Lenny Wilbourn]

I am looking for some advice, I kind of know the answer but I am not sure so I thought I should ask. I am closing on my first triplex on sept 25 . We had a total of $11,000 to put down, 6K is going towards the triplex but there is also a mobile home that I can do seller financing for 5K down and 1K a month for 48 months. This will completely deplete our savings but if we buy them both at the same time we can move into the mobile home and avoid paying $850 a month for our apartment, the going rate for the manufactured home is $600 a month in rent with no HOA and taxes are $500 a year, so after a few years it will cash flow and will allow us to move towards something and not just throw our rent payments out the window. Once in the homes we can put 1k to $1500 k a month back into our savings but would the risk of having no back up cash be worth the greater gain later?