Here is my understanding... the underwriter was a hard money lender who required the house to be put into an LLC initially so that he could use the estimated "rental" income as the way to get approved for the loan.

Some parks require older ones to be moved when they sell.6 - Is it a family or senior park?

There are lending programs where you can purchase 2-4 units with as little as 5% down payment, however, this program will require a minimum FICO score. 

It may require having the job pre-inspected to get that determination.Unpermitted jobs will cause you problems when you try to sell the property because the appraisers look that stuff up.

If it's a primary residence (house-hack) you can go as low as 3.5-5% down but these loans typically require the residence to be in a decent condition.

Hey folks.

Similar to signing a listing agreement before listing a house for sale with an agent, a buyer representation agreement is now required when working with a buyer's agent.2.

Buying a $100k-120k house that requires renovation for someone that has no experience renovating or operating in that out of state market is a great way to set a pile of money on fire.

I’ll be working out of state with these folks so it’s important to me that they are good, dependable people with connections to be my hands, feet, eyes on the ground.

Thanks in advance.Fannie Mae & Freddie Mac are out because they both require mixed use properties to be a one unit dwelling.