This strategy could work.

My guy retired & the flat rate firm I recently used raised their fee to an unreasonable amount. 

@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps

Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000

Does anyone recommend knowledge sources on building a mobile home parks (websites, books, organizations, plans, etc..). 

I didn't have enough space in the Title:Novations where the investor uses a Limited Listing that puts them as the primary contact for scheduling showings, receiving/accepting offers and negotiating are brokering without a license.Novations where the investor actually hires a real estate broker to handle the aforementioned for the seller are not included. 

This is a very common issue in parts of Milwaukee and I have done lots of basement reinforcing on our rentals.

This helped my Debt to income a ton and I was able to close on the deal.

This could be an opportunity to share what you've learned.

If you can get a note for 200K at no interest and you have completed your due diligence on this deal, then go for it.