The other responses are merely advising him that his costs will be higher than he expects in the future so he should be socking away the proper amount of cash just in case he needs to replace a roof, ac unit etc.

That's about as much leverage as I want anyway.As far as HELOC's go, I'm assuming that most people want to lock up long term fixed rate loans, not have a ton of floating rate debt at whatever point the worlds' lenders ascertain that the future US govt cash flows available to somehow repay the spiraling debt and unfunded liabilities (a mere $100T or $1M per household), are woefully and absurdly inadequate.

I consider it a subsidy because of what the banks did with the money.It's the governments fault for not making restrictions on it and merely offering SUGGESTIONS on how it should be used.

The implication is that she's only recently made a decision and has merely read a few books and haunted these forums.I say no, don't spend money that you will regret having spent later.

Ask yourself if the poster is trying to helpful to you or merely has an obsession for commentary.

The $5k assignment fee is merely another fee you paid, among all the others, at closing.So I guess it depends on what is meant by "purchase price".

I am merely asking the MH's cash flow to finance my land holdings.

If it's FHA, it can be as high as $729k, but the fees are crazy with FHA.You made me re-reading his post and think again.

I think a few of you are misinterpret my intentions.I DO NOT wish to invest more then $20,000 total cash into the property.I'm just merely asking if you guys believe that if I am able to keep my total investment $20,000 or less, would this be a good deal?

The sale of one property and the paydown/payoff of debt on another property is not considered a sale and purchase of real estate since you already own the target property and are merely paying down the debt.