Since then, according to the owner, he has only had one minor issue (unspecified) which was last November.I am a rookie investor with only 1 single family rental in my portfolio however am partnering with a buddy who owns and manages other MHPs.

After 1st year we would BRRRR it and have even more cash flow since we would go conventional Refi at that point.Yes I know the numbers don't look sexy on the 4th deal as far as cash flow but its the difference of adding to my portfolio and getting this 5th deal that could make us a lot of money down the loan due to its location.

I try to keep so fixed and some variable rates, vary my maturities to only have a certain percentage mature each year and make sure to keep my overall debt levels to a certain percentage of my overall portfolio value.

Started by buying foreclosures at the county courthouse steps and have built a 12 SFR portfolio over 5 years in North Austin TX area.

Part of my strategy for growing my rental portfolio involves having them financed and paying the mortgage back with the rental income.

Part of my strategy for growing my rental portfolio involves having them financed and paying the mortgage back with the rental income.

This is how I first built my portfolio by house hacking!

If you want to get around it, find a small credit union or portfolio lender who can create a custom loan for you, and that won’t require seasoning. 

You can find some portfolio or Non-QM loans that will go lower.

Which ones do you perfectly recommend for someone who wants to flip/wholesale as a job while building a rental portfolio