Lenders are more strict. 

As you step inside you are greeted by a bright living space that seamlessly integrates indoor and outdoor living with bi-fold doors that open to a private balcony.

This strategy allows investors to start building equity and cash flow while minimizing personal living expenses.Networking and Education: Many investors begin by attending real estate networking events, joining investment groups, or taking educational courses to learn about different investment strategies and opportunities.Creative Financing: Some investors explore creative financing options, such as seller financing, private lending, or using retirement funds for real estate investments.Turnkey Properties: Investing in turnkey properties can be a straightforward way for new investors to enter the market.

I am new to private placement.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Most insurance companies won't insure them, and most lenders are hesitant to provide financing for them, which makes the sale even more challenging.There are, however, investors who specialize exclusively in mobile homes.

I have turned to a few private lenders some have considered the idea but the fact that they don't do business in Puerto Rico hinges my efforts. 

My budget for this year in cash is $100k that can be used towards downpayment, closing costs, fix small things, property management fees, lender fees etc and rest will be looking for conventional financing as of now.New constructions offer better interest rates, minimal maintenance costs for 2-3 years, and potential for self-management due to higher rents.

I am starting to research now to get into this and am currently looking at new construction of a 2-fam that's owner occupied but haven't the slightest idea how to go about financing because most lenders I know only are doing SF new const.

I feel like with impending legislation, especially in NJ, it is becoming more and more difficult to be a private landlord