I am in the middle of a land development deal using a mobile home.

@Andrew Erickson If this thing scales, you could talk with lenders that specialize in the mobile home space.

I am working on minor renovations this summer and then hope to find tenants (after reading the BP landlord book).I do kind of have another property, my long-term partner inherited a run-down mobile home.

If you decide to put a mobile home on it, it's best to check with the zoning department regarding restrictions (if any).

Although it did not win the best mobile app category, they do offer audio books and video lessons for when you wish to switch things up.

DSCR REFI qoute loan amount: 112,000rate: 8.99points fees and cost: 11,576cash out value: 16,424Bridge loan. 84,000 interest only 12 months at 11.99% property will rent for 2000 at a 1.76 DSCR score. thank youThe low loan amount is driving some of the cost and limits the lenders that will take it, but we just closed a similar loan (94K) and the total fees were:3 points or $2,820 to US Commercial-no additional fees like processing etc... came to us.Lender's underwriting fee $1,395Lender also charged interest reserves for $2,820Appraisal to a third party $550Credit report to a third party $45Hazard insurance for $1,733Escrow for taxes and insurance (just 3 months were required) $687.98Title charges equaled $2,702.75 which included a the government recording charges and a mobile notaryAll of those total up to $12,753.73. 

The renter might need to be mobile due to the job and possible relocation elsewhere.3.

Mobile home park 50 pads... is there a difference between a residential home and a large deal like this contract wise?

I had success flipping a mobile home and would like to do the same with a house. 

Somehow the topic switched from whatever we’d scheduled to mobile home and mobile home parks – my friend’s forte.He spent the next hour tutoring us on owning and operating mobile home parks.