If so, and you get a reasonable 7% loan on the $375k your payment will be $2496/mo.

Purchase price: $150,000 Moved mobile home on bare land What made you interested in investing in this type of deal?

Do you take out a second mortgage on an Airbnb that you never wish to sell that’s almost paid off  or do you take out 100 grand against your primary residence.  

I'll give you a partial answer on 2. 

Quote from @Jay Hinrichs: my advice is to get some cash first.. dont be so focused on super high leverage. do seller finance first .. forget sub too until you are very well established and have ability to cash out the loans or refi on a moments notice @Don Konipol  Don gave you chapter a verse about the sub to risk/rewards.

I was looking for another flip project to take on and this one was on the market for awhile and others were scared to tackle it.

Looking for suggestions on a white paint color to go with the dark wood trim. 

On the lending front, it all depends on what entities are the beneficiaries.

Check your state laws on that.

Does anyone have advice on how to approach this or know of a good broker specializing in vacant residential land?