Purchase price: $117,500 Cash invested: $20,000 Sale price: $189,900 Bought a VA Foreclosure in the Sneads Ferry area and doing a live in renovation prior to myself and soon to be wife moving in.

Check the manufacturer’s installation instructions on venting; if my guess is correct, then the three boilers (or furnaces) should be vented differently; most hot water heaters are non-condensing so venting through the chimney is appropriate.

And to qualify for that you must have a qualified intermediary in place prior to the sale and. you cannot touch the money. 

In either case, since the HELOC lender is recorded prior to the mtg being foreclosed the lender is neither a necessary nor proper party to the foreclosure since it has priority of record.In this kind of situation, where the third lender's money went to pay off the first lender's money I frequently used a theory called equitable subrogation to defeat the priority of the second lender. 

Anyone with prior experience doing a seller-financing deal (MHP or commercial or really anything), please help!

Set very clear expectations, since they're living in the house with you think through how you expect the arrangement to work and make sure that's communicated to prospective tenants prior to move in.

I always snag them when I see them and instruct my staff to do the same.

We closed on 3/31 and made the mistake of not getting the seller out of the home prior to close.

Seems like I should continue to reach out but don't expect the deal I was getting prior.  

If you are purchasing a property with a lease you should also have a Tenant Estoppel letter prior to closing to review each tenants lease, deposits, etc.