I was told I should buy a house with 50% cash, 50% loan.. and that I should be able to get a loan from a private lender even with bad credit... any advice anyone?

I found Propertyware incredibly easy to use and the customer support is extremely helpful.

I have brainstormed so many ways to structure the deal, but unable to find local institutions don't want anything dealing with residential/mortgage and private investors scared of market.

-Michael wait, i'm talking about private homes, not commercial property.

The FED is a privatly held institution that answers to only is stockholders who incidentally are confidential.

In some parts of the country, banks are eager to finance properties with good cash flow to strong investors. 2) owner financed- many owners of MHP's own them free and clear, so they will carry the park.3) private money- find a private investor to front the cash to purchase the park.

This way, I may save some money and get the house customized to my preferences?

Most people paid good money for their contracts, refined and customized them and then had them vetted by an attorney.

Hard money lenders are good for this as well as private investors.Banks are not the only option out there.The other part 'I want To Buy ALL CASH'.......Don't do it....use as small a part of your own cash as possible.

Found out later from another attorney that the QI had outstanding judgements against him and that limited the type of 1031 deed transfer than could be done from the QI.Now, I use a real estate friend for the QI and there are several small but stable banks that do QI work for free for their customers.