Shows a decent area in Trulia but income appears to be in mid 30K annually- refer to justicemaps.org.Duplex has both floors rented currently and is cash flow positive at this time.

The duplex would have positive cash flow once we move out and rent both sides. 

Your right, don’t thin yourself out like a lot of other people do and leverage yourself into a position you could regret.

Pay a handy guy to ride with you and scout the property (just a thought) otherwise, the best use of your time will be to verify if your buying a first lien position, knowing your market well enough to know what your buying and what your exit is, and underwriting the prospective deal so you anticipate worse case.

Success story with advice and feedback wanted.....Hi all bigger pocket members!

As long as you calculate positive cash flow with the higher interest rate, I would recommend choosing this option.

@Andrew Schaefer Thanks for the feedback!

Thanks for your feedback everyone.

Thanks for the feedback!

We do owner finance but only for mobiles that are attached to land so that you in effect are creating a first mortgage position tied to a title/deed.