If you can't get bank financing now chances are you won't be able to cash out the investor in several yrs.

He is a pro, been selling MH's as a broker for many yrs.

Luckily invested when they were paying 5% and have one that pays 3.6% that I can add to for 3 yrs at that rate.

The baths were recently updated, the roof is 4 yrs old as is the hvac.

But feel free to try and keep throwing me under the bus for events that took place 2.5 yrs ago.

According to the owner HVAC replaced 2-3 yrs back for both units, and roof is about 4-5 years old.

I lived in Houston for 3 yrs when I was in my early 20's so I know opportunity is unlited out there thats why I'm moving back.

Since I was about 12 yrs old, my mother told me to buy a double and live at home so I could rent both sides out.

Ask if this is his only concern...then empathize with him, tell him you understand where he's coming from and then give him reasons why you will not walk away: Yrs in business, territory, type of person you are, ect.Good luck.

As it stands, the RE net rents will cover 30% of our pre-retirement income in about 7 yrs.