I took out a Heloc on my home to finance the purchase (traditional mortgage) and rehab costs of my first BRRR.

Here is an example of a badly worded email I received which almost caused me to trash it without responding:I saw you have many posted regarding "Safe Act" with MH owner financing.I was a traditional W2 investor for the past 8 years.

@Christian Montalvo Thanks!

I once reverse engineered my goals and realized traditional saving 20% down and purchasing was not going to cut it...at least at the pace I wanted (and frankly and probably not at all). 

@Christian Nachtrieb thank you!

If you are agreeable to the terms in the agreement, I wouldn’t have any issue just because it is a master lease and not a traditional management agreement.

One of the main advantages is that they DO keep them 'in house' so play by a whole different set of rules than those that 'resell' like a traditional 30 year fixed loan. 

Unlike traditional home equity loans, a borrower does not qualify on the basis of income but on the value of his or her home.

They're a little pricier than traditional conventional rates, but with good credit they are in the high 6's, low 7's on a 30 year fixed. 

(Sticking with the idea of a traditional mortgage of course.