If any short term financing, risk adjust upwards another 2% points on the interest rate.3.  

Was fortunate enough to lease for higher than expected rental rates.

It's how I've maintained a perfect bond rating and managed my business with the CSLB>I've read many of your posts and am aware that you feel that you can decide when you want a permit or not  I would word it differently.  

Hoping at some point the interest rates drop!!!!

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

I'm still trying to get in contact with the park that is near to get their monthly lot rate. 

Depends on the brokerage you have, but the one we use currently has a rate at 5.83% at 50% LTV.

Hard money loans can be an option, but they often come with high-interest rates and short repayment terms.

Rates will range from Prime (currently at 7.5%) to Prime + 4% (11.5%).

It was off market, I paid a local bird dog $20k for helping to get it to the close and even including that $20k at market rate it met the 1% rule.Today my underwriting would not have a 1% ratio with 80% LTV as positive cash flow in class C.