Currently have a duplex I’ve been in 3 yearsMortgage 3.65% pmt $850Tenant pays $875Heloc $30k——monthly $291The issue I am running into isRates are so high right now and it’s a lot harder to find another that will cover full mortgage.Does it make sense to leave somewhere that it is full covered to go to one that is not?

At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.

I assume your wish to use a HELOC is to avoid paying interest when you are not actively rehabbing a BRRRR.

I will be paying about $44K out of pocket back into my HELOC.

I do not pay a thing.I have the borrower pay for it.A lot of people use Doss or Geraci. 

Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they also do not pay back. 

If they are not paying rent then go through the eviction process as normal.

In reality, you are going to be the one to pay for that.  

There are a lot of rules when it comes to buying a MH and if one thing is wrong the lender will deny the loan.Mostly pay attention to year built try and stay away from Mobile homes that are older than 20 years. 

He has a mortgage at 4.125% with a 90k balance, a monthly P&I payment of $895, and 17 years left to pay.