Finance question from New investor
So there is a mobile home for sale. The owner is getting foreclosed on and wants 20k for it, its listed on MLS. Zillow estimates the arv at 60k. I really want this for a rental. I originally wanted my first step in real estate to be wholesaling, but this caught my eye.
How can I get a loan for this property with poor credit and the ability to only give around %10 down and no track records of investments. Is there a way? If there isn't, I will probably try to wholesale it. If someone could PLEASE point me towards the right direction, I would be very thankful.