., The SAFE Act has killed Lonnie Deals, MH dealers are pulling thier hair out with it.The returns can be better, now ask do you really earn the difference...Cheap MHs are full of tenant and maintenance issues, not saying you can't get a good tenant, just saying they are fewer and far between, just don't turn yourself into a slum-lord

A lot of the dry wall had been pulled down on each floor, there was significant mold in the basement, and there was some flooring issues but I didn't notice any other major problems.

I pulled some comps that have sold in the last 4 months and they are around 30,000-35,000.

I'd say with 800k equity, it wouldn't be too difficult to pull a little cash out.

I have pulled the demolition permits to knock down some walls and also listed myself as the contractor.

This also opens up the old question of whether it is worth pulling $$ out of a 401k and taking the penalty hit, or letting it sit there.

Ask the contractors that built on the lots what they paid, or get the title company to pull a property profile for you that shows the sales price.

When the loan is pooled and sent into Fannie/Freddie they will re-pull the credit for verification, due to the car loan the borrower's credit score drops to 615 and now the loan is ineligible to be sold to the GSE's.

So, you can pull a note if you know the sore spot to push on a bank in such situations.

LOL, had to laugh, yes, cheap SF land in the SC woods, deliverance, you maight get some sheet wearing, bondfire dancing, toker with his AR-15 buddies pulling in travel trailers!