I am mostly interested in wholesaling mobile homes, creative financing and group homes.

Approval is expected later this month.

@Jackie Liu you probably have enough info to deny their application, but if you want to continue to try to approve:1) Ask applicant for copies of their lease(s) to support they've been there for 4 years and who PMC is.2) Get 2023 W-2 to see what address is on it3) Ask them to obtain and provide you with their FULL electricity account history.

I can’t stress enough how important it is to stay focused and avoid some of these common pitfalls early on.Quick thoughts:Find the right Realtor – Make sure they’ve got some skin in the game with househacking or investment experience.Budget = Game Plan – That pre-approval is your marching orders.

I've also been pre-approved for a $125K HELOC against my current residence, which I plan to use for the rehab and landscaping.

These include the following:Type of loanYour credit historyType of mortgageDebt-to-income (DTI) ratioLoan-to-value (LTV) ratioThe property typeEven if you have enough for the down payment, your lenders will require you to meet certain criteria before approving a home loan.

Alliant immediately approved me for a much larger loan than the previous lender... fingers crossed I don't run into the same issue with regards to a last minute request from underwriting to have an in-person appraisal that results in a lowball valuation.

I'm wondering if there is a market or demand for wholesaling seller carryback deals for mobile home parks.

When he needs to purchase something he just does. 95% of the time he tries to tell me what he bought for which property the day of the purchase and if he buys something for more than about $150 he always asks my approval beforehand.

A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!