Seller isnt willing to carry any financing, they want to cash outGeneral overview of rent roll and occupancy and financial break down which i entered in as much data as i could based off what seller provided in the Deal AnalyzerThe Unknowns:amount of deferred maintenanceAmount of inherited issues with city in regards to permits for modifications and additions made to mobile homes in the park structurally and with plumbing and electrical and who knows what else.

Hopefully I’ll find a team that I trust and have enough confidence in to carry me to victory.

@Matt Crawford, Are you planning on doing 2 refinances or will your construction loan carry you to the 2 year refinance mark?  

It is FSBo, but he will not carry the contract, or so the ad says.

As I read it, you're safe to carry on with the new tenants.

@Kenneth LaVoieWhy not figure what your payments would be with the 30 yr financing and then work backwards to figure what your LTV would have to be with your current financing and then use that as a target point to pay down to and then refinance...This way you keep your liability protection, get the same payments as the 30 yr financing and are better protected against a down turn of the market due to the larger equity cushion.Example 100k note with 30 yr 4% = $477.42, but you could use a 20 yr note at 6% in the LLC and carry $66,638 mortgage to get that same payment $477.42. 

Sometimes our desire to carry out our vision needs to be tempered by a solid strategy.  

 ( I took my test 30 years ago )  But a licensed contractor , is required by law to carry insurance .

I'm about to get into a deal for a loan to flip my first home ,and they advertise that they find 100% of the loan ,closing * down payment * up to 5 months of carry payments and points .

What it sounds like you really want to do is owner carry all of the sale.