I am currently a student in college so taking on a mortgage at this time could become a financial burden if I don't find tenants somewhat quicly.I was wondering what advice anyone can offer me on the advantages/disadvantages of purchasing a rental property that has pre-existing tenants.

0 and 4% rates are only valid on pre-existing debt that occurred prior to joining the military unless I'm missing something massive. 

In my estimates your start up capital is more than enough to get your foot in the door with many motivated MH sellers in parks or with land.Are you looking at purchasing mobile homes inside pre-existing parks or attached to their private land, or both?

Lenders don't typically finance a purchase at 100%, unless you have a strong pre-existing relationship as others have mentioned.

So far I've seen a lot of land deals with commercial development opportunities but initially have not found many pre-existing multi family properties. 

The best partners also come from pre-existing relationships.

I know this is the circumstantial question, but is it cheaper to build on an empty plot of land, or demolish a pre-existing and use the sewage, water and electrical lines that were already there?

Hello everyone, I am closing on a three family unit next week. The first floor is 3 bedrooms with washer and dryer in the unit (1,000 rent). The second floor is 3 bedrooms slightly smaller without washer and dryer (85...

As a Builder I can build for cost so I am usually not holding many pre-existing homes.Again, if interested in the area, inbox me for more info.... 

., as Account Closed mentioned, if you are doing a 506c offering, you have the ability to advertise and share your offering without having a pre-existing relationship.I have bought and sold around 1000 apartment units and I prefer the 506b route.