Is that correct or am I missing something?

@Erick Gomez you are probably in the correct place.

What is your take on when the market goes through a correction and those assets not being able to perform (speaking for the ones that won’t)?

If done correctly you will be able to pay off the credit cards afterwards. 

Account Closed You could certainly increase the value of a mobile home by rehabbing it.You're correct that mobile homes lose value over time, where stick-built homes tend to gain value.However, be aware that mobile homes aren't considered as "real estate" by lenders, so they cannot be financed with a regular mortgage. 

You are 100% correct on this, which applies across the USA and aboard.

Thanks for your reply BradenWhat is the average expected flood insurance rate?

I just replied that I'm not allowed to answer those sorts of questions as I could lose my license in the blink of an eye.I wondered whether it was a sting, because Massachusetts sends out "testers" to do exactly that.  

If i remember correctly It will take 5 years. 

@Jared Townsend  Thanks for your reply.