Since it's my first property the last HM Lender I talked to said it would be 9.9% interest only with a 6 month period before I can refinance to a traditional (or DSCR) at around 7% Seems like both conventional/HM loan will be the same in the end.

Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.

So the barrier to entry is not as high as traditional investments.

I’ve decided that doing a 1031 into a more traditional property is the best move, here.

What These FREE Courses Offer:Clear Fundamentals: Grasp the unique benefits of self-directed IRAs over traditional retirement accounts.Real-Life Case Studies: Dive into actual turnaround stories and see how investors like you have leveraged these strategies.Step-by-Step Guidance: Navigate tax benefits, compliance issues, and smart investment choices with easy-to-follow instructions.I discovered these courses when I needed fresh ideas to boost my portfolio—and they delivered actionable insights without the fluff.

Through my experience, I’ve cultivated a conservative approach that balances opportunity with risk management that I apply to every deal that crosses my desk.

This is the actual calculator that traditional underwriters will use.

If you’re hesitant about listing on the MLS due to the slow market and concerns with a traditional realtor, consider off-market options like investor networks, Facebook groups, or BiggerPockets forums where buyers specifically look for properties with income potential. 

Marketing to Investors – Instead of listing traditionally, he targeted investor networks who specifically look for occupied rentals with cash flow.

No i am trying to find 80-100k to restore a fantastic traditional home in a touristic place in south Greece .