Joshua,It's fairly easy you select a builder and the bank gets them approved or use one the bank already has approved. 

If you're not assuming the loan, only being added to the deed does that mean the seller is unable to sell without your approval? 

We just got approved on a HML and are hoping to BRRRR a property - our goal is to get something in the works within the next few weeks.

I was contacted by Steven Klaus supposed to be a broker of Skyrocking Capital Solution and he approved loan for  multifamily purchase with 100% financing @6% and requested to send Origination Fee of 2% before the disbursement.

But we saw potential in the deal and kept this lead in our follow-up database for nearly FOUR YEARS.Fast forward to December 2023, the wife, now with a restraining order in place and court approval to sell, decided to let go of the house she could no longer afford.

We came into land from doing mobiles, rehabs and now do a few modular projects each year. 

I guess my hang up is that if I’m already using loaned money as a down payment, how will the bank approve another loan on top of the HELOC.  

I'm a paramedic, that's where I found the potential. 40ft 2 bedroom container homes can be built for $20k and are approved in hurricane locations.I haven't created or run a successful business, joined the military at 17, and worked for most of my life. 

We could put in an offer and put a down payment on a house today, but I'm not confident I would get approved for a loan with a down payment from funds that just arrived in my account a few days ago from my in-laws.    

Usually, older mobile homes get grandfathered into any new rules and regulations with the city and/or county.