If you have a strong equity position, you may want to put the home into a HELOC, pull the equity out by taking the full line of credit and then down the road, transfer the HELOC into a conventional mortgage.

Speaking of affordable housing, mobiles are only affordable for a shorter period, in the long run, conventional housing is a better solution.Mobiles are personal property unless attached as RE.

I think a lot of us are seeing REO inventory down over the past couple years...you're definitely not alone there!

Actually, with that contract in hand, you could qualify for conventional financing if it had not been for the BK.

Well, for certain, the inventory or supply of multi-family dwelling is quite a bit more than Single family home rentals.

Now, when I expand my rental inventory (which I am), it is intentional from the outset.

Otherwise you're taking a property out of their inventory to be paid on.Brian, you certainly know enough to ask me a question, LOL, ask away.

Refinanced out of it last year in to a conventional 15 at 2.75% :)I prefer conventional with atleast 20% down so you don't have to pay PMI (Private Mortgage Insurance) If you have the means to go the conventional route -- I'd suggest that route.

With good credit, income, and some cash you should not have any problem getting an investment real estate loan.The best programs, w.r.t. rate and term, are conventional loans.

(Don't be a bottom feeder just causing problems) Marketing RE doesn't mean you need some wierd strategy or strange string of contracts, but different ways to make more conventional transactions succeed.