A $100k Heloc payment will be around $750 per month (verified with el sereno client) and rents are $2,300 p/m so you tell me if this is a good idea or not. 

I've been doing a deep dive looking at cash on cash return for various down payments and expenses on properties with a mortgage.

However the property has a freeway behind it and hence no rear neighbors /more privacy.You’re going to see low or negative returns with minimum down payments in that area unless you’re going BIG as in much larger homes and much heftier budgets for design/amenities.There’s great cashflow on the Clearwater/Largo/Seminole/StPete side - you’re looking at 2 high cashflow buckets that I call Tier 1 and Tier 2. 

Attorney FeeHolding Costs:1.Loan Interest Payment 2.

Hello @Liam Alvarez,You don't need any apps to select an investment city.

This cost is going to be the bulk of your monthly payments for mobile homes in parks.

go to lots and lots of meetups.2. talk to those HMLs and find out what their terms are.3. save up enough so that you have a down payment, reserves, and also enough in cash for the hold period. 

So call it $60K for the down payment, and another $8,200 for reserves.

@Russell Brazil Although, Russell brings up a good point, I have personally read the Fair Housing Act several times and have never seen anything in there about it being illegal to discriminate against payment source.

I know there are pros and cons to each side of this question but is it better to self fund your first deal or to put a down payment for a real estate investment loan?