Could very well be worth it in the long run but not a gamble I have the skills or knowledge to take with confidence at this point.

You are getting properties under contract by fraudulent means.

Michael, thanks for the comment and I Agree.....When purchasing a mobile home it is always a gamble if you don't know what to look/lookout for.

So, the act of purchase to flip to a relative by itself is not illegal, it is the signing of the affidavit and the act then is fraudulent.

Also, do you intend to close if you cannot find a buyer or use some fraudulent excuse to back out?

If, however, you purchased the property for $100k under market value, and you believe that its value will go up another $100k in 5 years, you're a gambling man, but at least you know what you did and the risk involved with gambling.

The truth is I need this cash flow now and the Refinancingt cannot happen now so might need to gamble I suppose.

Still higher than the 3.75% I'm paying now for that $73K, but not much of a gamble.2.

That is gambling.

To make a long story short, there is suspicion that the owner may have committed a fraudulent act.The house burned down in September of 2018, and the owner said the insurance company told him they are waiting on a report from the fire dept.