Cash out refi on manufactured home
Hello all! I have never done a deal, I'm looking at a manufactured 4 plex. Sale comes with the land. It's a cash only offer. 2 units occupied M2M and 2 vacant. I'd have to use a HML since it's cash only. If I fix up the 2 open units am I able to get appreciation and cash out refi to pay my HML back since it's manufactured? Don't know anything about investing in manufactured and guaranteed appreciation and appraisal on something like this.
Thank You!