I want to find a way to get a revolving line of credit, or hard mony loan for this trailer house w 4 acres above.

All of which nothing will help him because the loan is still in his name. 

If you're strictly buying turnkey properties and financing with DSCR loans, keep in mind that you'll typically need to put down 20% or more, and because of the higher LTV, you’ll often get the highest interest rate available for your credit bracket.

Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

We maybe be able to get you an owner occupied loan faster than that. 

(You said you plan to buy it for the amount of the loan, not the value of the property.).

Hi, I am a realtor with about five really good lenders and two that have every investment loan possible. 

For your mortgage, a 30-year loan will give you lower monthly payments, which could be ideal while starting out.

Quote from @Jaycee Greene: I completely understand and I'm sure my fingers are a lot fatter than mine ;-) If you only borrowed $155k, I assume you did a conventional bank or credit union DSCR loan, is that right? 

Financing Strategies – I’d like to put 15%–20% down—what’s the best way to secure a loan with manageable terms?