For the first time in history you can buy a house with Bitcoin without selling your Bitcoin. Repost from Facebook: This is a genuinely big deal and it just happened this morning. Fannie Mae, the government backed mortgage giant that backstops nearly 40% of all U.S. mortgages, is accepting crypto backed mortgages for the first time ever. Here's how it actually works. Coinbase and mortgage company Better Home & Finance have partnered to let homebuyers pledge Bitcoin or USDC as collateral for their down payment instead of selling it. You keep your crypto. You avoid the taxable event of selling it. And you still get a standard Fannie Mae conforming mortgage with the same protections as any traditional home loan. A few things worth knowing before you get too excited. The rates are higher. Expect to pay 0.5 to 1.5 percentage points above a standard 30 year mortgage depending on your borrower profile. So if standard rates are at 6.1% you could be looking at 6.6% to 7.6%. There are no margin calls. If Bitcoin drops in value your mortgage terms don't change and no additional collateral is required. You only face liquidation risk if you go 60 days delinquent on payments, same as a conventional mortgage. You still have to qualify. Credit score, income, and underwriting standards still apply. The crypto is supplemental collateral for the down payment, not a substitute for actually qualifying for the loan. Here's why this matters beyond the crypto world. Fannie Mae sets the standard that the entire mortgage industry follows. When they update their guidelines lenders across the country adapt. This isn't a niche fintech experiment. It's an institutional green light that could open homeownership to millions of younger Americans who are asset rich in crypto but cash poor for a down payment. Whether you think crypto belongs in the mortgage market or not, the line between digital wealth and traditional homeownership just got significantly blurrier.

When underwriting a park where the list price is around $2.5M, but the deal realistically pencils closer to $2M with 25–30% down, are there a lot of buyers out there still purchasing at the $2.5M price by raising outside capital and putting more like 40% (or more) down to make the numbers work? As an individual doing deals solo, that’s not really feasible since one person would have to bring a large amount of cash to the table to make the deal move. But if you’re using other people’s capital, you could potentially justify paying a higher price while still covering the monthly debt service. Is that essentially the transition point for acquiring larger parks in the 25–40 pad range—moving from purely personal capital to raising equity in order to compete at higher prices?

If you will be attending the Biloxi Show I would like the opportunity to meet with you and introduce any connections, you might need.

Why? People always need affordable housing. When are you going to close on your 1st (or next) park?

Would you rather own: • 15 Single Family Rentals or • A 30 lot Mobile Home Park? Why?