The seller can often sell a property that can not otherwise be sold, financed, or sold for enough to pay off existing mortgage or obtain a higher price by selling Sub To, or Sub To wrap/owner finance.  

"A second question is if I finance the car purchase can I also deduct the business use portion of the interest charged on the loan?"

I became the bank- selling 90% of my free and clear multis with seller-financing. 

It's not true that 99% of Commercial real estate agents don't know what owner financing is.

Can you take the loss without completely ruining your finances?

This is one way to manage costs risk.The ways to own the property besides FHA & conventional loans is with private loans, investor DSCR loans (non owner occupied); seller financing, lease options, partnering with others to take the property down..... 

What was your financing source? 

- Any tips for staying updated on regulation changes?

Chris,What are you looking to finance or accomplish I ask because with a quick Yelp review there are some negative reviews.

I will appreciate your recommendations  on local contacts as well as some insights on mobile park business. thank you Victoria Hey Victoria, do you have any financing options or you paying cash?