Hello,I am wondering what the best strategy is for putting the optimal amount of money down on a single family home with the intent to perform light rehab to buy and hold.

I have jumped in the water, bid on a property, and contract is in progress.  The biggest obstacle so far has been obtaining repair estimates.  I have had a few contractors over, and they have told me that they won't b...

He says he is not allowed to use income approach per FHA.I looked in the single-family FHA guide and it sure does talk about using it.

Are you looking for single-family, multi-family, buy and hold, flip, house hack??

A single mobile home is not allowed to be placed inside city limits, and MHP's must be 5 acres or more, and conform to specific construction standards. 

(*In this context, “eligible investors” must have had a minimum of $75,000 of income personally in the past two years; income of $125,000 when combined with a spouse; or $400,000 of total net assets either alone or with a spouse.)  

With that kind of money you can buy close to 10 single family homes and make over $2,500/mo in net cash flow!

That's ironic because financing a single mobile home is a daunting task.   

She is now a single mother of 4 with no work history, terrible credit and an $1800 mortgage.

Not sure if this will be a single family or a multifamily, but I plan on living there.....unless I move in with my significant other.