It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

Also, if you have a below market interest note, if you wanted to sell that note for any reason in the future for liquidity you would be affecting the value of that note negatively.

Even if it does, there's closing costs to consider.As I said, I have no cash myself, so I'm asking how I can deal with generating cash for closing costs (and a down payment) if it comes to it.The house costs $139000.

They're highly popular for turnkey rental properties because qualification is primarily based on the income generated by the property itself rather than the borrower.

Investment Info:

Mobile home note investment investment.

Purchase price: $64,250

Cash invested: $12,000

Sale price: $175,000

We purchased this mortgage note and ended up foreclosing on the proper...

This is my first deal and I wanted something to provide me stability for future me

We hope to have it up and running again in the future, but we do not have an ETA for the release at this time. 

That’s why I was shocked to see it’s only generating half of what the maximum rent is.

I hope things go better for you in the future. 

Finally, depending on the circumstances at the time, we decide how much should be held in reserve against future contingencies.