With FHA's new regulations, anything less than 10% down will stick you with permanent MIP.  

Longer term, one has to like the notion that the 50 billion permanent fund may be the stabilizing force, with some sort of use of excess earnings or endowment formula to put a backstop in price drops......I see a few local condo prices lowering and days on market look longer here (all anecdotal) but your fourplex may depend on the local rental market, and if that softens, maybe you can find  a deal in the next couple of years and with a ten year plus time line and positive cash flow it may work well if you can hold through the low oil price cycle...best of luck

Based on our estimates above we expect to have 75% LTV when we close on the permanent long term financing.

So, if used mobile homes are considered personal property and not real estate (unless they are sitting on a permanent foundation, why does Dodd-Frank apply? 

Without going into my education of permits, permanent MH foundations, title insurance issues, etc., I decided to sell and move on.All of my expenses (purchase, lot clearing, wire transfer fees, etc) were borne out of my HELOC, though I had the cash on hand.

,let alone lend you another $20k interest free.....fat chance.

If they need a quick close and want to do improvements, they can do a short term HML for purchase and rehab, then refi into permanent loan later.Many options available. 

The event was titled Big Fat Checks.

Thats the strategy.Here in Germany all buy these houses for hold and permanent income, not for resell.

Eric Heller not only saved my home permanently, but never charged my a dime!