If there was a fund involved did you ever get a legal opinion about whether or not this is an issue with the Reg.

Terms of the loan (In My Opinion) are good for both the lender and the borrower.

[By the way, it's my opinion (for what it's worth) that since you are not going to be the owner/occupant of the property the lender is funding the SAFE Act would not be applicable.

Hi everyone,I'm new to mobile home investing and I would like to get your opinion on purchasing mobile homes that were built before the HUD passed the manufactured housing standards in 1976.The three possible outcomes for my first deal I see as either flipping the home, renting it out or financing the property as a 'lonnie deal'.While I would feel comfortable flipping a pre-HUD home (as long as it passes an inspection) I'm not sure about holding on to a property that was built prior to 1976.What are your thoughts?

You have sartup filing fees and dissolution filing fees.In my opinion, doing a JV partnership, whether it's a single or serial deal, is your best course.I have attached a simple example of a JV agreement.

There is a possibility you could use the distress to your advantage and get a deeper discount than what the repair will cost.I qualify my opinion by offering to you that I am a geotechnical engineer during the day.

If PM's truly took the "heat" off the owners, then you'd see THAT heralded as Reason #1 for using a PM.As far as Elio's original post regarding S-Corp and personal loans, I hold no opinion and will defer to others more knowledgable in that regard as the topic is quite outside the realm of my own experience.We now return you to our regularly scheduled programming.

In my opinion, these are not great deals and you probably are expecting too large a fee.

Opinions?

Rich, as a relatively new investor focusing on rehabs right now, the biggest things we rely on our realtor for are:-Getting us into see places-Comps, comps, comps-Opinions on ARV-Negotiating the dealAnd the most important: Doing all of the above in a timely manner.