Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

Hi Stacie, As long as you have $10,000 of documented rehab, you should be able to cash out up to 80% of the new appraised value without any title seasoning on a DSCR loan. 

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

The gentleman Chris Koerner seemed well educated on the topic (mobile home park investing) and he gave enough information and follow-up documents that you could take the information and run.

4) Finding a rental application to use - you can use Zillow's (but incomplete) many realtors require NTN credit check, background check and rental history.5) Figuring out how to screen applicants ***** This is IMPORTANT!

Chris, I can't seem to share a document on here to send you one of mine, but you can copy/paste the following template into a Word Document and create your own.

Verifying last 2 years of rental history very important!

However, you need to evaluate the GP's ability to perform through their history.

Did you investigate the history of heating costs before purchase?

Check credit, income, and rental history.