By facilitating the closing process and leveraging a strategic marketing approach, we increased the property’s visibility and quickly found a buyer.

One of the things to watch out with mobile home parks is the increase in lot rent.

We’re looking to increase our lifestyle through the decrease in housing and built a little passive income medium term. 

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.

Like most markets, there is a growing trend in the area due to affordability and increasing more things to do. 

the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?

That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.

The offer to “help” hopeful participants obtain increases in their credit card limits6.

With no comps in the area for new construction and the highest rehab selling for 205k, building enough at the onset, 4-6 new construction homes, may be the only way to start a neighborhood turn.The city is looking to increase density in the area and add anchor points in near the area to cater to future investment.