I have thought about setting up a non-profit to collect donations to tear down some of these old eyesores.

With 35k to put down lets just exclude closing costs non-ooc are going to be 25% down you can buy $140,000k 4-plex.

The podcast was #29: http://www.biggerpockets.com/renewsblog/2013/08/01/bp-podcast-029-peer-to-peer-fix-hold-dawn/ @Yang Xiao It was 174500, 3080 sq ft, rent ready with window treatments, towel holders, and landscaping.

Looked into conventional but can't finance the construction upgrades, and would need 25% down on non-owner occupy investment property + reno, or about $100k to pull it off.

Another highly visible feature is your window treatment and lamp shade choices.

has any note holder out there ever foreclosed on a non performing note in the san Francisco bay area, if so how long did it take from start to finish and what was the cost to do so?

@Ken Rishel is our MH financing compliance expert, he will probably know possible buyers for non-RE MH notes.

@Gary Parker The seller could have (an almost) correct understanding of the tax treatment, but because we don't know how much of the $92K contract price is depreciation recapture and how much is long term capital gain due to appreciation, we can't really give you a definitive answer.

Nevertheless, in response to commenters' requests, the final rule provides a non-exclusive list of methods that issuers may use to satisfy the verification requirement for individual investors.The methods described in the final rule include the following:Reviewing copies of any IRS form that reports the income of the purchaser and obtaining a written representation that the purchaser will likely continue to earn the necessary income in the current year.Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited statusThe underlined/bolded item above leads me to believe that this guidance is only for reference and one can do their own, independent process provided it is reasonable.

It is because her water lines are failing and eating up 28% of her expenses.I just met with the city and the park is non-conforming, no additional homes can be brought in unless significant changes are made to the park.I also found out today, a large private school is looking to build on the 50 acre lot right behind the park.