Use a Promissory Note and Mortgage or Deed of TrustIf you’re familiar with traditional mortgages, this model will sound familiar.

@Karen Margrave @Dave Van Horn @Chris Stone @Bradley BogdanLooking to tap into your expertise here. 

I buy 1990 and later model, vinyl/shingle 3 bed room homes.

Looking for expertise, resources, and possible partner to do a fix and flip. 

I think this model may have run it's course and the banks have emptied out of good location double wides on their own land.  

-Year model ?

The other participants would need to see this as a committment, to answer questions and give advice in their area of expertise.

I personally love House Academy the videos are very easy to follow and is modeled after Land Academy.

@Ben SmithIt may be worth the expense to pay a CPA for the expertise in answering your questions.

Not my area of expertise but my understanding is that the winning bidder at the foreclosure auction is the owner subject to the 1st mortgage.this is probably subject to state law but generally the 1st has to accept you as the new borrower.