While it's more expensive than Ohio, it's still cheaper compared to California.Additionally, consider the practicality of traveling to your investment market.

In my experience, late payers often become non payers; so, I stick with the practice above.

This would further support the recommendation to negotiate a step-down mortgage structure, such as tiered payments or interest rates, to reconcile the seller's valuation expectations with the practical realities of the park’s financial performance and provide a feasible acquisition pathway.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Just incredible bad business practices.

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

On paper returns, look excellent but when you put it into practice, you don't seem to get the same kinds of returns. 

Quote from @Virginia VanOeveren: To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties.