The loan is through my bank and I haven’t paid him anymore money until things are fixed.

The reason I changed my mind about John Jackson is, after years of being investor friends, he asked me to be his acquisition person, help train his students and to speak at his seminars.

The first thing you need to know is that mobile homes are NOT real estate; it is personal property.  

I was wondering if anybody has any resources in this area and experience in how to do it and not break the bank.

@Carolyn McBride greetings ma'am, I do believe HELOC is a mortgage product therefore, u should get a statement from the bank.

Meet them in person and have them sign it when you pay them.

The most important thing to a seller is trust, ie trusting you w/ their personal credit, trusting that you know how to execute, etc. 2nd most important thing is understanding the nuances of how to structure the deal. 3rd thing is to have a great attorney who knows how to bring it all together. 

I think this is really a personal preference.

There has been a few years now of persons calling to buy these, and trailer parks, like crazy. 

My portfolio has grown and I am wondering if there is a better way to have them pay rent other than giving out my bank account number.