Seasoned park investors are more likely to buy larger parks, so that is not a fair question since there are only 10 spaces there.

Hi, A friend and I are going to start a real estate flipping LLC, he's done 100s and owns a larger GC compan, I'm newer to it.

I don't like that rate of return at all, and I don't feel it's wise to trade liquidity for a low rate of return.That said, IF my goals were aligned with owning my properties free-and-clear more quickly then even with the interest rates being low I'd look to pay off the properties sooner. 

With a cash out refinance, the extra equity built up in a property either through renovation or through rise of prices in the property market, is taken out by obtaining a new larger mortgage.

So my grandfather's Self Directed IRA has a few mortgages on properties throughout the state of Florida and he suggested to me that I try to transfer or liquidate the notes sooner rather than later.

The advantage would be being able to eliminate flood insurance and have a larger profit margin.

With 2 larger tenants the underwriting is different than with your larger space and 2 smaller spaces.

Once I learn the business well, I’ll be back on the hunt for a larger facility next year.

If it’s a larger multi family I’d try to either bring on a more experienced partner or a property manager to help with some of the new bank’s requirements for experience.

Depending on the size of the property, does your investor have experience, other assets, liquid resources18.