Buying mobile homes is generally a cashflow only play.

This self-torture is not recommended.To make it more complicated still, other factors may come into play such as prior suspended losses from this property or other investments or maybe (albeit not very likely) the net investment income tax surcharge.

.- All assets are removed from your name which will normalize your FICO credit score-They will require quarterly updates on your books-5-10 year balloon is the norm but expect prepayment penalties- Lender holds 3 months of reserves Here was my breakdown when first exploring this: https://www.biggerpockets.com/...Properties 20+: PLAY WITH THE BIG BOYS:Flush with cash after the cash refinance and hopefully additional capital the number one priority is acquiring properties.

Credit score and liabilities will come into play so if that is not in line it may be better off without. 

For me being around like minded people is what made all the difference Bigger pockets plays a huge role along with a monthly meet up I co-host. 

That is where a second home can come into play where you can put 10% down. 

My best option so far was to play the work to start as they go on a vacation, but with COVID that isn't likely anytime soon! 

They play this game with a lot of agents. 

I really enjoy analyzing deals and finally pulled the trigger, but now I’m playing the waiting game until I have enough capital for the next deal.

I was literally just telling a high-roller investor friend of mine last night, how I turned down 40k on a wholesale play.