Have you looked into property management options or run numbers factoring in potential vacancies and maintenance?

The land, however, may appreciate, which can offset this.If you’re in an area where affordable housing is in high demand, mobile home rentals can be an excellent option, especially since you already have the land.

Please send me a message and I'll provide a few options. 

Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.

Someone from Stay Hikaru reached out to us inquiring about our Tampa property.  They are a corporate housing company. Does anyone have any experience with this company? Here's the link to their website: www.stayhikaru...

You also have the option to close these DSCR loans in your LLC as opposed to your personal name.Our team finances just shy of 100 DSCR loans on a monthly basis.

Also, explore creative financing options that might balance your partner’s limited credit/cash flow without putting all the risk on you.If you're attorney can't clearly articulate this, maybe it's time to find a new one.

Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water. When I tried to get it when my side of the family found out and tried tp tak...

That said, if you have the option to invest in a better cash-flowing deal elsewhere, it's worth running the numbers to compare returns.

We have been around the bigger pockets community for over a decade now and have more 5 star reviews on bigger pockets than any company on this website in any industry (>270 5 Star reviews).