I plan on using this mindset to succeed in real estate investing as well.I now am at that stage in my life where old age is on the horizon and I need to make and bank a decent amount of money.

Any early stage refinance will boost your return.

That is a very risky segment of the market at this stage of the cycle.

Have you arranged funding it is not as easy for a MH that's why owner financing is an option.Check out the Mobile Home forum on BPGood luckPaul

But you can make the arrangement, the lender needs to be aware of what's requested. :)

I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided.

You can also place your funds with a professional hard money lending company for around 10%, not a bad way to learn the business.As you gain more experience, you can look into 50/50 profit-sharing arrangements or other riskier structures, with the potential to earn 25-30%.

Here are the numbers:$455,000 purchase price$5,492 closing cost$56,000 renovation cost$4,000 landscape cost$5,351 various costs including fixtures, appliances, staging furniture, etc. $1,370 taxes$150 total utilities$29,925 commission$5,000 closing costTotal cost $562,288Listing price $630,000Estimated net profit $67,712Here are some before and after pictures:Living roomLiving roomFireplaceFireplaceDenRemoved den, replaced with mud room with tech center.KitchenKitchenRemoved the kitchen and replaced with Master room and 4th bedroom.Makeshift 3rd bedroom (across from kitchen).Removed the 3rd bedroom and converted to dining room.Removed the 3rd bedroom and converted to dining room.This was a family room (back of the house).Moved kitchen to back of house.KitchenBathroom #3Bathroom #3

Yes, when forced to resort to such arrangements, it's not ideal long term.

Now that we re past the do I do it or not stage  I'd like to make it as easy to use as possible.