Thanks, KristinHi Kristin,Our client, being an American citizen, was able to qualify for conventional financing here in the U.S.

There is often more flexibility in modifying the loan when working directly with the note holder, regardless of it being a senior or junior lien.

That is also the top five for USA.Here is some info from Zillows senior economist for historical averages on SFH rentals.

pp=249686You should also seek advice if an agent from a SENIOR broker that has experience from the 80's in seller financing.

Yes Bill, any one can do "citizen's arrest" a good cop though will help you determine if you have probable cause for arrest before they take them off to jail for you.

http://www.housingwire.com/articles/print/35087-fannie-mae-lenders-say-its-now-easier-to-get-a-mortgage"For the first time in seven quarters, we see a pronounced increase in the share of lenders, particularly medium- and larger-sized lenders, reporting on net an easing of credit standards in both the GSE eligible and non-GSE eligible loan categories,” said Doug Duncan, senior vice president and chief economist at Fannie Mae. 

David Dorman | Senior Mortgage Consultant | NMLS# 1015476Edge Home Finance | www.EdgeHomeFinance.com 4510 W. 77th St, Ste 380 | Edina, MN [email protected]: 952.426.5194 | O: 612.294.0365 |F: 612.437.4769

Many of our tenants are retired seniors and prefer the telephone or talking in person.

That part of your post I agree with and applaud.But that same Republican legislature that you give the credit for it doing well also added taxes on pensions for seniors.

Hi @Craig Jennings and other readers,Great to see you are interested in mobile homes as investment vehicles.To add a few comments and questions:If you plan is to purchase and rent mobile homes with attached land inside senior housing deed-restricted communities (aka, senior parks with land) than you will not need a license to purchase homes and rent them or sell them.Some parks say no rent and other parks do not mind renting as long as your tenant becomes approved at the park.Tom gave excellent advice to become as familiar as possible with this business before getting started.