Class B & C properties.Your profile picture is on the Kinzie Street bridge.

I'm from Old Bridge and I'm planning on doing something very similar.

Hi all-I've been looking to get a bridge loan from private money lenders but have noticed there are a ton of scammers online claiming to be legit. 

Understand if they are a good company you don't want to burn a bridge, but you also need to be made whole.

It sounds like you’ve got a few obstacles to overcome to land this investment opportunity- but I do see a way to make it happen.Aside from the gift funds not being allowed to fund the deal, the biggest issue I see is the timing of when these ‘future’ rents can count towards your income- ultimately effecting the DTI ratios.As someone mentioned in this thread, most lenders want to see a lease in place, or seasoned tenant before including that revenue.. and since the lease won’t take place until the turn of the year, your current mortgage is most likely included in DTI along with the purchase of the new duplex.A bridge loan/hard money loan would help you secure the property if it’s something you really want.

There's also non-recourse bridge debt.  

I was first licensed in Oregon and then after 4 years of experience in that State and moving just over the bridge into Washington State I only had to take the State exam.

Cross that bridge first.

@JH Bridge All good advice too!

Simply said, they lack an ethical business philosophy putting themselves further ahead or seeking a greater advantage over the public than should be attempted and may be construed as unfair dealing.Tying this into mobile home investing, many of the strategies are unethical and bridge on being illegal due to the laws mentioned.