Your detailed explanations of the potential options are very helpful - my first time at a bank foreclosure auction and as I am going through the process I try to anticipate what all might be coming my way and prepare as best as I can.

If you have no lates in the last 12 months and re-established credit meaning you have atleast 3 tradelines you have made ontime payments on for the last 12-24 months you may be eligible for VA financing with 580 min or lower scores depending on the scenario.Most of the time these type of files with be a total cluster and require 30-40 conditions ranging from letters of explanation, additional documentation, and or other to close.

They were the "problem child" performers for me and all in one geographical area.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Knowledge of property values both in the geographical area in question as well as the subject property type3.

Market OverviewThe Los Angeles warehouse/distribution market is comprised of 476.3 million square feet in eight geographic concentrations ranging in size from the 128.0 million square foot Mid-Cities submarket to the San Fernando Valley West submarket, which accounts for 6.6 million square feet.

Regarding the other types of loans, based on your explanation the conventional loan seems to (on average) have a lower down payment but takes into account the normal loan factors whereas the debt service loan doesn't but with a slightly higher down payment, proof of income generation through the property, and never being able to live in it.

Scale Your PortfolioReinvest Profits: Use profits to purchase additional properties or pay down mortgages to increase cash flow.Diversify: Consider diversifying your portfolio across different types of properties and geographic locations to reduce risk.10.

Any new loan will most probably condition for an explanation for the inquiry; my guess is this wont go over well with the new lender. 

He revisits the topic often in his newsletters and his explanation stays the same.https://www.mobilehomeuniversity.com/mhp-mastery/the-new-par...Where I have seen some impressive development in my neck of the woods is in long term RV park development.