@Eduardo Gonzalez, you just need to get a pre-approval from a loan officer who is licensed in Texas.Things will depend on your debt to income ratio.If your DTI is pretty low, they may be able to fit the two mortgages without asking you for lease agreement for your seattle proerpty.If your DTI is pretty high, they will ask you to provide a lease agreement for your seattle property

I'm not sure that I understand your final question however with regards to your question about, "would you rather live in a mobile home in a pre-existing community or a mobile home attached to my own private land?"

You'll find a lot of resources on the BP website about getting private money,  O top of that, you might want to look at getting a pre-owned copy of the old carlton sheets stuff about getting houses with no money down (ebay?). 

No Sophisticated InvestorsMust have a pre-existing relationshipPre-Existing Relationship not needed.

Cross country ski vacations in BC too.  

We are interested in a location that is in short driving distance (approx 20 minutes to the lake) and similar driving distance to other outdoor activities such as hiking in the summer and skiing in the winter.We visited South Lake Tahoe last winter and absolutely loved Heavenly and we are heading back this fall to get to know the North Lake Tahoe area.I'm looking forward to hearing from others who are familiar with the area and I would also be interested in meeting fellow BP'ers when we are in town this fall. 

How do you treat the credit card interest during the Jan-Apr rehab period, as well as after you "place the property into service"?

I do believe from what others said there underwriting can be quite stringent.along with reporting ( now this might just be their buy and hold product.)rates your talking about are about right for todays market 11 to 12% apr.. for private HML.. which is on the low side nation wide its higher back east.

Below is a snapshot of median home/SFR prices as of Apr'18.

The real question is, how has his same asset occupancy changed from Jan to now and Apr 2020 vs Apr 2019?