I know where you can buy a like new Manufactured Home, 3/2 with low HOA, no CDD at 3% Down and they will finance it for you in a small Community outside of town.

A poor reputation is expensive!

Work with reputable Buyers; in our case, we work with the same lender each time - makes the process simple for us.  

Adding values is essential part of a business that heavily relies on trustworthiness and reputation -- just like how real estate agents get their clients.  

On the other hand, if 4 out of every 5 deals you do like this falls thru leaving the Seller empty handed, that indicates this is a bad business model and you'll quickly ruin your reputation as the guy who doesn't close deals. 

But manufacturers are likely to struggle to make a more rapid recovery amid the fresh outbreak of the coronavirus and a depressed global economy.

Its all about knowledge and your teamThe answer to this is because he has properties in Cleveland that he would like to help a CA sucker, I mean CA OOS investor, to acquire.Bob, I challenge you to find one reputable source (Case Shiller, Neighborhood Scout, Zillow (not the most accurate)) that shows a RE return for Cleveland higher than any of the large coastal So Cal cities (pick your city: San Diego, OC, Los Angeles, San Francisco) for small residential (1 to 4 units) buy and hold for any period of 10 years or longer (you choose the time span that you want (2009 to 2019, 2007 to 2019, 2000 to 2019, 1990 to 2019, whatever you want). 

@Tyler Rowley the lender that is refinancing will not based the loan on the higher value.Even if your ARV has say 50% manufactured equity over your cost, the lender will not lend to 70% of the ARV.They will only lend you to the cost, which in that case is only 50% of ARV.

You don't want to ruin a friendship or start with a bad reputation by screwing someone out of money if you aren't successful on your first deal. 

Confirm that the provider has a pristine reputation (e.g.