Note: While the cashflow is great in a too big house and you have less kitchens/furnaces to pay for, you won’t be able to use the potential rental income to qualify for the initial loan (buying a larger property).

I would be careful of buying yourself cashflow, aka, placing a larger down payment, as well as betting on appreciation.

If they pay by credit card there is a larger fee because we have the CC fees on our end. 

Michael have you ever worked in the food business?

Not sure if some of these HAVE to be the first home you've ever purchased, but a good mortgage broker would be able to assist you in determining the best way to approach the situation.Selling and then buying the 2-4 unit may open up the very best financing available to you, but it could also make for the most headache.Either way, good luck as you work toward your next steps of the journey!

DHS has one of the lowest median incomes in the larger So Cal area, consequently it has some of the lowest RE prices. 

I am just wondering if any of you have experience with trailer homes and what your input would be (even if you dont have experience) thank you all so much.I should also say that each of these lots are zoned commercially and in this area a new north south highway is being constructed to link nothern communities to the larger metro area.

HML - 90% downpayment, 13.75% 6 month payback period, interest only Personal loan - 13.875% no money down, paying interest and principal.On a 30k rehab loan with 7 year term, I'd pay $555/mo ($355 in principal pay down and $200 in interest). 30k increase in my HML would result in $343 increase in monthly payment So the choice is: Pay down personal loan, lose more money out of pocket till refinance, smaller DP on HML VS lose less money, larger DP, and having to pay full amount later. 

Every one I've ever attended had plenty of cash buyers in attendance looking for deals. 

I'm an agent, I do some work with investors in the Short Term Rental market, my boyfriend has an Airbnb that we have professionally managed, and I have a decent working knowledge of the local (ever changing) rules.