It went all in on the crazy math of owner finance on used mobiles. 

I’m coming with a budget of about 1-2m (including financing) I have contractors that can do all the work for me at a bit over cost (or at cost as partnerships).

Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

In terms of finding local lenders, it depends on what you are looking for, whether you are looking for a specific program, conventional financing or a one-stop shop.

I found it on the MLS How did you finance this deal?

But you can’t discriminate on them for their protected class - You understand DENYING, a section 8 applicant, automatically points to discrimination?

How did you finance this deal?

Commercial Team at our bank says it's not eligible for commercial financing, conventional team saying it's more than 4 units, and does not qualifyTwo questions:1.)

., 5%), you control 100% of the property and benefit from 100% of the appreciation, despite the bank financing the majority of the purchase.What do I mean by that?

If your purchased a year ago you should be all clear for any sort of financing.