I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.

i know this is kind of an old thread, but just wanted to add a few things here: 1. yes you will have to go through permitting process. you will also register this as a SFH with the county.2. you will need to contact DMV to deregister this as a mobile home. 3. you will have to make sure you remove the Axel and the wheels  under the home and make preparations to fix the property to the foundation you already have. currently dealing with similar situation in GA, hence researched a bit to find out the process. 

@Noelle GeetingI'm a fellow investor in Mexico and I own in Playa del Carmen as well.

I am in Pinellas County as well and lately Holiday and Crystal River has been a hot spot. 

The heads-up is much appreciated, will have to dive into their videos online as well, once I make the switch. 

@Josh DeeverTo invest in Dallas, look for areas that are growing well, have fair prices, and are safe.

Relationships can be important as well. 

And prepare for family friction from now on. :)

This arrangement has worked well for both of us.However, we now have several projects that will be running concurrently, and the builder is facing cash flow challenges with making the monthly interest payments.

Unless you have considerable cash as well to put down on a home I would say not to do it.