The latter missed defects the visually impaired would detect.Obviously the more detailed the report the better it is for an investor/buyer but what agents (esp listing) hate is using that inspection as leverage to reduce the price (& it could become part of the disclosures).

On 30 years at 4% the payment (sans land) is $429.67 meaning that the rest of monthly debt cannot exceed $1,000 per month without accounting for land.If a manufactured home goes into a community with a lot rent of $275 and sells for $35,000 the total monthly obligation will be around $555 including the land assuming $5,000 down and a 20 year amortization and an APR of 10%, That does reduce the permissible outside monthly debt to a little under $1,000 a month but it also accounts for the land.Obviously all of these figures will need adjusting for the area of the country and for the goals of the community owner but the idea is clear.Thoughts?

Recently their stock price has dropped by over 75% and their credit rating was reduced from BBB to B- by Fitch Ratings.

What she didn't realize was that HUD would then reduce the amount of the rent that she would pay.

I think, that they think, that they can just reduce the purchase price and apply them to seller closing costs ..

If so you must reduce your basis by that credit amount.

He's requesting that the inventory be disposed of in bulk and is asking for $2.3M for the entire inventory.

If you are young and earn a big salary, an RRSP will reduce your personal income tax and you have time on your side for those investments to grow.

Reduce the rent.

This will also depends on state law if income derived from collateral is to be recognized as a reduction of debt but usually it's first applied to holding costs.Either way, it's irrelevant really to you other than saying they have not been hurt as badly if no rents had been paid, they either reduce the expense or go to income that is still applied to reduce expenses and loan losses.Have they received rents?