Some are gallons, cubic feet etc... then we use a program called Park Skdekick to track all of our mobile home park activity.

.- We charge 3 points for the 6 month loan program, but we require 5% of the total for purchase and repairs down.

There's just no consistency in the program.

Do they have programs for these type of houses?

Demand will be strong at this price point as the competition will be significantly inferior quality.24 unit complex (4 buildings x 6 - 1br units) built c.1978 - end of life interior but exterior structure / mechanicals appears sound.NOI forecast at 83k.Renovation budget at $375k inc contingencyPurchase price of $250kOur Bank will go to $565k @ c.4.25% for 5 years with 25 year amortization - they hold the note for the existing owner and know he is slipping into the default zone.

It appears it is a Freddie or Fannie product.

ThI don't find much in the way of REI clubs online and the BP link to a Tallahassee club appears to just be a page with some links to ads.

This is exactly what I said in my post above last night, which was what was previously pointed out to me by my broker.So, in general, it sounds like the law frowns upon brokers creating any non-simple contracts, but will tolerate it if they make the contract subject to the review of the attorneys for all parties.Based on that, I'd suggest that it's more legal for brokers to do this than Dale believed and less legal for brokers to do this than I believed.So, we're both wrong...or right...or somewhere in the middle...At least as far as New York is concerned, and it appears that other states have also adopted that ruling from what I could tell.

If it appears that there is money which may be due to the landlord by the tenant after the day of the hearing or if a judgment is delayed for any reason, the court shall require a tenant who remains in possession of the premises to deposit with the court a just and reasonable amount to satisfy the obligation, but not more than 1 day’s rent for each day until the new hearing date.

But when you buy a note and then in a timely manner sell it and profit from it, you then appear to be in the business of dealing in notes, license required.