And if course you need insurance if you are the “owner”..BRW, “owner financing@ can mean different things....either you received the Deed in your name and the seller has a mtg, OR you’re doing a contract for deed where you don’t get title in your name until you have paid it off.

I know that the "where" is very important and of the course the cost, but what else should I know/consider when wholesaling mobile homes.

The guarantor requirements are:1. good credit (700 and above)2. proof of income (min 72 x monthly rent: $144k/y on a $2k/month apt)I often clearly state these criteria on the apt ad online, and I pre-screen applicants on the phone.

I'm browsing properties online for a few different central Alabama locations, but I dont think I'm gonna be able to find a true  deal until I'm back home in person this fall.

It shouldn't cost extra money and it's much easier than going online to figure out what you want.Some might be Seniors with Long-time Ownership and Homeowners with Low Financial Stability Scores.

Start somewhere, if you absolutely hate it, make a course correction. 

Specifically, since the mortgage is a self- liquidating liability, funded by tenants’ rental payments (assuming, of course, at least “break-even” cash flow), this new equity never came from the owner’s pocket.

I'm just a bit taken aback by this and am not sure the best course of action.

This of course turns off cash buyers we just roll our eyes once we get into the house like how in the world can this turn a profit.

Right now the floor has to be jack hammered out to get to the pipe which of course also ruins our engineered wood floor.