Of course banks were closed but they could have paid Saturday or any number of other days the bank was open.So I email them and ask that if they have paid to disregard my email but if they have not, since rent was now late (I only accept rent deposited in a business checking account) to include the $25 late fee ($15 general late fee + $10 per day late). 

The home was a bank owned foreclosure.

Can I put a clause in that I would make payments directly to the bank?  

hello BP community,So I got pre-approved bank loan now I'm looking to buy a multi family rental in Fresno, CA i've been looking for multi family, duplex, triplex quad plex. 

If it's a resident owned development why doesn't he just pursue a conventional loan from a bank that funds MH's?

Failing that, always assume the worst anyway, and explain to the Seller why you are fully justified in giving them a horribly low Offer.

Your calculations are correct, bank will loan up to 70 LTV less first mortgage balance.

Check with you local bank to see if they can help.

Typical bank draw cycles are at least 30 days plus a few days for the bank to process.If your contract stated payment immediately upon completion then you have a solid argument.

In March 2016 I had previously attempted to finance a property through a big bank.