Ryan is correct.

There is a solution:  1 - You have to get a HELOC on all of them first.  2 - Take cash from the HELOCS, combine them together, and buy another property where the refi loan would be higher than the minimum 50k.3 - Take part of the "cash out" from the refi and pay down your HELOCS.  4 - Take the cash out from the refi to buy your next property.5 - Repeat steps above until you:        a - Pay off HELOCS in pieces        b - Get tired of using the same "cash" (from the continued refis) to buy cash flow Keep in mind that your choices of properties must allow all of them to continue to have positive CF...or choose a different property.

My goal is to work with them and help them make the best choice.

I currently work a 40+ hour/week job, but rehabbing is a life style choice, almost like a fun hobby that can be financially rewarding as well! 

@Ryan Heldt Just curious - What areas are you looking for a 4-flat?  

This is the Illinois Manufactured Housing Association Response:Re: Proposed Regulatory Prudential Standards for Non Bank MortgagersDear Task Force Members:The Illinois Manufactured Housing Association represents the interests of the manufactured housing industry in the state of Illinois as well as those of the consumers who choose to purchase and reside in manufactured homes as their choice of residence.

Success is a process, failure is a choice

Originally posted by Ryan Dossey:Did you advertise it as including an "in door" swimming pool?

@Ryan Esslinger, asking price?...

It is all about suiting up and playing the game each day till your hard work and intelligent choices brings the money for your cup of Starbucks.