Through a discussion I gain a strategic vision!

Some loans will come with defeasance or yield maintenance, while others will have step down prepayment penalties.A good loan broker who specialized in MHP debt can guide you with respect to the right choice for you as the buyer, which type of lender will be best suited for the park, where the terms will be the most favorable, and where the hurdles will likely be.

Several options and choices. 

I try to give free advice when ever I can but now it is so annoying and frustrating I come to the forum and within seconds I just log out.All this does is scaring the actual value providing people off of Biggerpockets... and all you have left is people that only ask (take) and never give.As for my take on how to post..Maybe click on a button "New Post"Then a drop down menu appears with a selection of categories, Wholesaling, Marketing, Advice on tenants, (ohh and have an "all others" section in case the person doesn't know where to post or cant find a category) etc. etc. and have the question posted strategically in steps.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.You don't need a tax lawyer just starting out.

For example, the city of Chicago has strategic investment areas (Chicago Invest South/West) & geographic corridors.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

If you were making that choice what would you choose and why.

If the house need things like paint and yard improvements, I would use pizza and beverages of my friends choice to fund those simple upgrades.

We have strategically done these in a triplex with one unit being long term to give us cash flow to pay the bills and I’m glad we did- needed it March-May.