Good to see fellow Phoenicians in here.

A soft spot is just a piece of the subfloor that has rotted over time for any number of reasons, including appliance leaks, window or roof leaks, or faulty plumbing.Ensure that you get a good look underneath the mobile home itself.

Don't know the whole picture, but if you have good credit, you should be way below both points and rate. 

I have equity in my primary residence and some non retirement savings (but hesitant to dip into that… ) Interested in hearing your responses!!

You should have masks with you at all times for environmental pollutants when looking at hoarder houses - animal feces, dead animals, asbestos, gas, etc.As for protocol, hoarder houses are not an easy buy because if the resident is still there it's not a money issue, it's an emotional issue.

I earned good money as a server and simply used it to go on my next adventure and that was all I really needed.

If they're looking for $10,000 seed money and you have $10,000,000 sitting around - plus the due diligence checks out (legitimate opportunity) - that's relatively low risk for a good upshot.If they're looking for $50,000 seed money and you have $75,000 liquid, absolutely not.Personal financial position, coupled with due diligence, are important.

My local banks will only do a heloc on a primary residence.

Good luck with your research and learning!

I did want folks to know. that but I can tell you johnny wholesaler that might have got your deposit. very good chance something like this they would ghost yuo and you would never get it back.. they already spent it and dont have it to give back.