I have a piece of family property that I am trying to sell. It is an odd shape/size for residential, but would fit a manufactured home well. I have decided to utilize some type of owner financing to get the deal done,...

An LO that served in the military will often know a little more about VA loans than one that didn't, but that's not a requirement or anything. 

(Near Bi-Lo plaza)

Hi @Brandon StewartIn general, homes that are in default in some way usually cost too much to bring current for a LO.  

If so and you then get a lower one you can always have the LO go back and say well you liked this other value so let's challenge the AMC.  

Right now, most Fannie/Freddie stuff, I keep my LO hat on because direct lending is a better deal.

The LO told me he thinks I am the last person Wells Fargo granted 100% LTV in Vegas.Back then everything was creating negative cash flow and the investment was all based on speculation of future appreciation after DTLV had been revitalized.My plan was to buy the unit for $670k rent it out for 2500-3000mo and cover the negative cash flow for a few years, wait for the revitalization to be completed and then sell for closer to $900k.

Michelle I could be completely 100% wrong with this but I was told a few years ago when I was doing some investing in Dallas that L/O were illegal in TX.

@Kerry BairdThat is indeed the possible result of RTO or L/O.

Lo and behold!