Through conventional loan with a local lender at 5% downpayment, financed with LLC income.

DSCR loan options will qualify you based on the market rent for the property - this can be helpful if you can support projected rent above the mortgage payment.

We have two new construction projects getting ready to break ground, 2 cash out delayed financing loans in process, and almost at the end of our first debt cycle, getting ready to emerge into the next phase of our growth stage.

If so, what type of loan is used?

I do believe though that many of the members do deals with some of the folks ... but they are doing more syndicated deals than just straight buy and hold or flips.The last time I was invited to speak at the NW reia it was about dodd frank and how its not legal in Orygun to private lend ( you can do two loans a year )..

Even though the manufactured house is pretty much completely updated... the manufactured house was made before 1976 so no buyer can get a loan.

If someone pairs this with a VA or FHA loan product they can play this game with low or no money down. 

A few questions that may help everyone in the forum offer more targeted advice:What is the 67k "non-mortgage debt" is it from a credit card or student loans, what is the interest?

Using the fix and rent loans and 100 percent renovations how much does such a loan costs?

It's the same work to do a $50K loan as a $500K loan so the fees will be higher due to the loan amount but will still be much lower than what a lender or broker gets paid on a higher loan amount.