We have 70k which was enough for intial loan it was 5% down but lm not so sure with the land only because deposit is that.Intial loan we made no paymts until it was done, this one we have pymts right away and will need to now save for septic, water hookup.We thought we could make apt after utilities are in, in the garage for now and at a later time get a manufactured home.We both arent sure what to do. 

@Jeanne ZozobradoNever heard of bright investor, I will of course take time to google it and learn about it but curious to know what you like about it

I know it's been some time since your post, but did you have any luck with a solid Sub2 friendly attorney? 

Either way, you will have no idea who is in your property at any given time.  

Most brokers will not waste their time going through the whole process only for a loan denial.

It could be worth checking out other custodians, not just the ones with checkbook ability, because you may find that they offer the quick turn around and funding times you are looking to achieve with that checkbook ability.

With the right aggressive marketing there are many opportunities with tired landlords but would require more time compared to searching the MLS . 

As a first-time home buyer, beingwell-informed and prepared can make all the difference in turning thisexperience into a smooth and enjoyable journey.

My understanding is that it will mainly be derived on the life tenant's age and value of the condos at the time of sale.

The reason I went with them instead, is Ameircan offers a 80% LTV 30 year long term whereas Century at the time only did 75%LTV.