Interest rates?

Rent Collection can be one of the biggest pain points while trying to manage a mobile home park.We have a few rules when it comes to rent collection that allows us to collect at a higher rate than the industry average.Rules of Rent Collection1.

Perhaps the mistake was not keeping the rent near market, and now doing the "market correction" - but the market rate is the market rate for a reason. 

@Eric Lunsford  Generally the interest income from private lending is taxed at the ordinary income tax rate, just like earned income from a job or interest on a bank savings account is taxed.

NOI / cap rate = sales price, and sales price x cap rate = NOI.

After rehab is complete, you can work with a lender to do a cash out refinance and get into a conventional loan where the interest rate will be lower.

Hey my names Kino, and I'm new in the Real Estate field and i’m more interested in wholesale real estate because I'm young and i’m trying to build money to invest into properties, Im 16 do online school so i have much free time to focus on business and cant wait to work with any future agents.

@Daniel Wong I lived in Muncie for 5 years during school and drove through all the time. 

Either way, I will call but wanted to see if anyone here had any knowledge....It will likely increase your insurance rate because of the business activity/liability. 

If so, credit is available, but at a higher interest rate.