I am new to the site and I am currently exploring options for non traditional financing.

Didn’t go the traditional yellow postcard route or picture of a house.

A partnership or a traditional LLC structure typically does not allow equity partners to also be treated as employees.

Yes, the rates are quite a bit higher than traditional banks.

But yes, I was personally unable to locate a traditional construction loan which allowed someone other than a gc to go through with it Also, since I think I need a no doc approach now, I guess that’s likely off the table Wondering if you, or anyone else reading, has any further ideas as far as getting a no doc mortgage which I may need (?).

Traditional financing.

In that case, they can find an investing partner who is willing to provide the funds required to qualify for a loan, such as a traditional bank loan.

This has the potential of being a 12 month rental, but not in a traditional vacation rent way. i have been told that a lot of the local and seasonal vacation employees  need places in the off season.  

Traditional Mortgage How did you add value to the deal?

Note that I recommend a higher expense ratio than a traditional 30%-40% for MHP’s due to the small size of the park and the fact that the park pays for utilities as opposed to the tenants.3.