(Most SFR require mules of this)For liability reasons only structure your properties in LLC's and believe it or not commercial banks like it this way.

The Solo 401k is generally considered the better structure, but it requires self-employment activity, so it sounds like you wouldn't be eligible.

A lot of commercial mortgages are structured that way.  

Or if they wanted the just the bone structure, they could do that.

We've structured construction loans on deals in Charlottesville where the investor replaces a mobile with a modular in desirable locations near a winery.

Which I thought was odd because the structure seems in good condition.

I'd be happy to talk through your specific scenario to give you an idea of the different ways you can structure your coverage, as well as discuss any potential claim questions you may have.

There may be restrictions on mobile homes and the type of structures you can put on the land depending on where it's located.

I'm working with that lender but not sure I'll qualify for the same structure, but appreciate your feedback.

Even if he wanted to seller finance the properties to you, he couldn't because the $100k first lien loan is still there and needs to be paid off (unless he is doing a wrap around structure which has its own hurdles).