I've actually looked into this and am deciding to either take this route or put 20% down on a duplex to rent out both units instead because I plan to partner up with my uncle.

The episode that this is discussed is linked here and the worksheet to help you decide is linked in the show notes!

Hello Tylor, I have been using both Baselane Vs Stessa and I found Baselane more friendly and with better features so I decided to went with Baselane and it has been great. 

That said, it’s been a great market for me—strong cash flow, significant appreciation, and plenty of opportunity for investors who take the time to understand the market’s nuances.If you decide to explore Detroit further, feel free to reach out—I’m always happy to share insights and what I’ve learned along the way.Good luck on your investing journey!

I’m trying to weigh my options, and could use help to decide the best path forward. 

Although legitimate lenders will refund this fee partially or in full if you decide to cancel or if the loan is not approved.

I guess my problem with being too up front about seeing their place is that I don't feel like I'm in a position of power right now to decline people since it's hard enough to find people that I want to even get to that point in the application process in the first place, but I have to snap out of that mindset and have to instead come from a place where I make them believe that I have a lot of other applicants and that it's my standard policy and it's something they'll have to go through if they want my place.....ESPECIALLY if I decide to only take 1st & security from them rather than 1st/last/security.Thanks again!

One of the disadvantages is if I add an ADU to my single family rental, it's considered a 2 unit and under rent control so I decided not to do that considering all the construction costs. 

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.

The loan doesn't decide its lien position the order in which voluntary liens (mortgages) are files determine that. 2.