What is your appetite for rehab? 

What is your appetite for rehab? 

This would be the first time I have approached anyone that isn't a big bank, so I'm unsure if what I am offering is enough to whet the appetite of someone with Bigger Pockets than me. 

What is your appetite for rehab?

DSCR lending has exploded in the past few months because Fannie/Freddie have significantly reduced their appetite for investor loans while asset based lenders have lowered rates and increased LTV's. 

There are affordable ownership programs in some states that designate homes as affordable and suppress the price on that home, you can only buy them if you are below a certain income. 

My view is that it's more correct to compare against the legal bedrooms, but practically people list and buy based on what they can rent rooms by, so offering by records wouldn't get you the property.There is a risk to buying/running a property like that and in my view is much better to sell that risk than buy it, but the numbers and individual's risk appetite will dictate in the end.

Generally, outside of seller financing, the common types of debt available for MHPs are:Local & Regional Banks - You can find out which banks have an appetite for mobile home parks by asking the MH/RV brokers in your area, networking through other owners of parks in your area, or simply obtain list of the smaller banks in your area/region and call them to see if they have lent on parks in the past.

If there are no or some 1 yr leases instead month to month it depends on lender appetite.

You honstly can do it yourself.And to wet your appetite...Anyone and everyone can get this for free if only they tried and do it right.