Mobile homes can sometimes be more expensive to insure, so it’s good to shop around for quotes.Resale Value: If you ever decide to sell the mobile home, understand that its value might not increase over time.

This property’s location in South End is a major win—walkability to shops, restaurants, and the light rail makes it very desirable.

Its like going shopping on black friday for something you do not need and saying "i saved $100", when its actually - you spent $400.Could that money be better invested and provide a return for you vs. putting it in a depreciating asset?

I am wondering if taking such a risk would stretch me really thin or is there a safer approach to take.

NonQM "shops" offer a variety of loan types, DSCR being one but they are the lower rates and fees.

Many mortgage shops do NOT allow their loan officers to also be RE agents on the same transaction to much of a conflict of interest. 

But we had four kids, a hubby who was a car guy and needed a shop or big garages, and a limited income.

If you anticipate selling the property soon, it’s worth negotiating or shopping around for a lender with flexibility in prepayment penalties.Feel free to reach out if you'd like to explore tailored DSCR options that suit your goals.

As a mortgage broker, I shop my clients' loan to get them the best possible loan and the least fees while helping them to reach their investment goals.

There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit.