I personally would spend that much to fail a couple of times to learn.

We are shooting for 3x income, but might settle for as low as 2x, if the person seems like a good candidate.

To be honest I do not send out a lot of letters and do not mass send things out so maybe I'm the wrong person to listen to.

@Jennifer Burgener There’s really no reason to stay local with a 1031 company unless it’s just personal preference.

It's harder to give you an accuracy rating of those numbers, because a lot of the numbers you call will go straight to VM, so you don't know for sure if it's the right person. 

The borrower is not personally liable for the loan, and the lender cannot seek additional repayment beyond the collateral.Since the borrower is not personally liable, they can choose to make larger or additional payments to pay down the loan faster if they wish.

It is a bit of a gamble, but personally, I always get my own bids from people I will hire and either take a credit on price or have title issue the checks directly to those contractors to get work done as soon as I close.  

My credit is good/excellent.

Our primary residence along with our vacation home is worth about $1.4 million, have a million in stocks etc.. credit score is 700+  How the heck do we get qualified for a loan? 

Personally, I've been in the mobile home investing business since 2007.