I am looked at by the loan officer as living in a situation rent free. 3.

It is first reported based on when it's in service. 

Feel free to comment below or shoot me a message or colleague request. 

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

If none the file will be suspended or denied.If you have any questions feel free to reach out since mobile/manufactured are very complicated if you do not have all of the facts.

Does anyone have a "program" or formula to use to establish a reasonable list price based on current income and expenses.

Especially if once you move out, you won't have any contigency or free cash flow for repairs or vacancy. 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

I lived for free for a couple years, while collecting rent checks.