new member from tacoma, washington

[Dodie Dawson]

I came across a mobile home on 1 acre of land.  Located on a paved road, with all untilties installed. It's a dbl wide with 2bd/2ba. The land alone is assessed over $100,000.  There's also other additions like a deck & 2-car carport. It is bank-owned the asking price around $60,000.  Does anyone know how to go about getting this financed as a rental or do I just wholesale it to another investor. Any feedback on what to do with this property would be welcomed. Thanks

[James Wise]

Welcome to the site @Dodie Dawson

I recommend meeting with a loan officer and getting pre approved for a mortgage. You don't want to be looking at properties until you know what your buying power is.