You should ask to speak to the commercial lender at the bank that carries your property's current mortgage.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

The entry fee is 8% the existing loan carries an interest rate of 4.125%.

I usually require my tenants to carry renter’s insurance with at least $100,000 in liability coverage.

Do you mind sharing the name of that type of loan/lender that allows you to have the seller carry on a second position?

is it enough to carry you into your next projects while maintaining enough access to keep your current real estate operating smoothly?

While I was open to carrying a note, I wasn’t going to go that high.Unfortunately, there’s been an unrealistic expectation set by the gurus that relying on seller financing is a viable strategy for buying a business.

(This option would would not carry any debt, all debt would be paid in cash)Or keep our current house, rent it out, and cash flow NET monthly about $1,500?