Any sophisticated lender is either not interested or will want significant money down, sometimes upward of 40%.

in the resi space.the resident is usually not very sophisticated and has lived for free for a long time.. they are use to ducking creditors so will kind of tell you what you want to hear.. 

The counter review staff are not sophisticated land use/planning experts, their job is to review the engineering acceptability of what you're proposing.

Underwrite how you want, but I can tell you the VAST majority of sophisticated and successful MHP owners do not underwrite rental income to the parks NOI; it usually significantly inflates the value of the asset.

Hi Chihero,Don't forget the SEC requires the PPM to have a "Prior Performance in Raising Funds Table" and an "Operating Results of Prior Programs" table that all investors must be given.Also the SEC assumes Accredited Investors can handle losses if they occur and Sophisticated Investors can asses the risk for themselves.These opportunities are not open to the "General Public" for those reasons.

Also, we generate new investors via our on line platform, and these are sophisticated people who are conscious of the market out there.  

You will qualify immediately after being qualified for a loan to offsetting dept to income ratio.Although, you might find managing a non sophisticated tenant is a huge stress on your main squeeze.

Specifically, are they a sophisticated seller with the means to maintain the note that will result from the transaction?

Or in my case, all of 35 than half of 70.In my experience, sophisticated partnerships that do not bring complementary skills to the deal turn into a mess.

Seems to me a lot of big players spend 6 figures per month on sophisticated marketing campaigns and dominate the market with another smaller group who do a few deals a year followed by about 90% of "wholesalers" who don't do anything.So I'm curious, why wholesaling?