I've dealt with way too many clients who have found a "deal" only to realize they can't afford it because they think you don't need money to buy real estate.

If you can afford to hold through any downturn, it could make sense, but that HOA of $391 per month also scares me.

Seems like a useful and affordable tool ($99/yr).

The seller couldn't afford the home and we were able to work with him to purchase the home as a win-win deal.

We've owned many 20 space parks over the years, and the key items to consider are:1) They can be hard to finance2) They can be hard to sell due to scale3) They can be hard to manage since you can't afford to hire very good talent4) They are too small to weather any big hits in cap-x issuesSo for this deal to work you'd want to have closer proximity to the park, city water and sewer, and no POHs. 

I was looking in areas where property was reasonably affordable in southern Maine but then I had a thought.I am a recent college grad and I know the neighborhoods of my college town about as well as the town I grew up in.

For some, the attractiveness of the lending rate will be enough to forego the protection an LLC affords.

Looking to BRRRR on multi's or house hack in a more affordable area. 

I'm reading The Book on Rental Property Investing in preparation for my first househack in the next two years, and I want to understand all the options before me to finance my first deal affordably while also taking advantage of leverage and loan paydown.Thanks for your time!

On a Limited 203k, the lender is permitted to issue 50% of the money at closing, but only if the contractor signs a statement saying they cannot afford to start the rehab without upfront funds.