I've heard indications from mortgage brokers of sizing to lesser of 8.5-9.0 DY or 65%-70% LTV and coupons in the 4.5 - 5.5% range.

Units: Building Size: 6 4,800 SF Price/Unit: $91,500 Property Type: Multifamily Property Sub-type: Garden/Low-Rise Property Use Type: Investment Commission Split: 2.5% Cap Rate: 7.87% Gross Rent Multiplier: 13.37 Occupancy: 100% No.

Recently my dad paid 12000 dollars to build a decent sized garage in our back yard.

With only a portion of the rent going towards the principle and they still handle all the repairs.

@Aaron MikottisHow about changing your business cards to: Aaron "Pongo" Mikottis as a way to introduce the Pongo portion of your identity?

Unlike the traditional mortgage market for site built homes, most of the lenders providing chattel financing for manufactured homes are quite small in size and volume. 

Input greatly appreciated.....I have cash to fund the rehab portion of a flip..my partner now wants to buy the property with a conventional second mortgage that she has already prequalified for.  

One caution is a property that size will have a limited market since it won't be able to get residential financing.The quadraplexes look to me like a pure appreciation/speculation play - I wouldn't want to be highly leveraged on those. 

The rate is 1% for the first 200K in value, 2% on amounts in excess of 200K.If the property is non-residential or mixed use, you will pay the federal Goods and Services Tax (GST) on that portion of the property's value which is is not residential.  

Depending on your market the tenant could also be responsible for a portion of the buildings expenses ie taxes.