Ok, so I have a question. I understand the beginning to a  wholesale deal is finding a property and putting it under contract. I have a purchase agreement and an assignment contract. I understand that I can assign con...

It was delivered on wheels in two sections, still has the wheels underneath it and I call it a manufactured home because it is definitely not something you can separate back into two pieces easily and move it to a new location.Jack,Let me take a swing a this, first I think your right we need clarity on the lingo and how each came about and the difference between them.Trailer home- Slang, or old for the original homes built before June 1976 on a chassis to no certain build standards, anyone could build one and that was it.

Better yet, contact the state real estate commission and explain the situation to them.i am sure they will provide clarity.

This makes no sense.Thank you for any clarity to help me understand what the heck is going on here.

You can see how the above questions will help create clarity on the current situation vs where you want to be.Buying your first note for investment or your IRA is not difficult.

@Scott Trench, this is a great point, but needs some clarity.  

After reading your post, I think you should consider putting more clarity in your goals.

I guess I'll have to listen to that one again and see if I can get some clarity on what he meant.

On the face of it, the return numbers themselves don't seem very compelling, but if you're picking up a lot of equity by buying below market, or you have some well-founded reason to believe there will be strong appreciation, then my opinion of the deal might improve.Also, just for clarity, are you assuming 5% each for lost rent and capex, or 5% total?  

. - Just PM'd you to get clarity...