While our initial down payment was modest, our loan to value is estimated at 71% based on current home value.

I do think it takes far more time to master pricing than you make it sound because pricing based on beyond / price labs etc. is really bad.

@Mark Walker - There are no conventional "dscr" loans for SS and MHP; however, the actual metric still applies when evaluating the physical ratio performance of the asset classes.Private banks are really the way to go here and leverage is determined based on POH vs.

Based on what you're telling us, you may be good to go with qualifying for an FHA loan.

Just wanted some insight based on above discussion.

We're based in the Bay Area and looking to volunteer for anyone working on wholesaling.If you’re in the Bay Area and could use an extra pair of hands on your next wholesaling deal, let’s connect!

We're based in the Bay Area and looking to volunteer for anyone working on wholesaling.If you’re in the Bay Area and could use an extra pair of hands on your next wholesaling deal, let’s connect!

Based on what you described you will be incurring significant expenses renovating the building.

Contact the nearest GSA office or search the web for how to rent to the fed.....

Is it best to pick the location based on ROI, or is there other important factors that a newbie may overlook?