From this, I realized two things-1.

I had to put about 25k of my own money into this first deal between the down payment, agent commission, inspection, closing costs, and holding costs, so I'd like to get as much of that covered as I can on my next deal.

Hello everyone - I'm relatively new to BP and posting.

Based on the 1% rule, this doesn’t seem to make sense.However, the city and area we live in retain property value because of the schools, community, and location.

In fact we just did a presentation on this last night we'll have a video out in about a week.

Have you explored construction loans?

@Rajaa Boulassouak- thanks ....if this property is an investment  property most lenders won't be able to assist with a loan for a rental property that's a manuf home 

As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money.

What made you interested in investing in this type of deal?

This is me on a beach vacation listening to today's Real Estate Rookie podcast.