Weigh the refinance cost Vs the additional amount that you can cash out so that you can decide if it is worth proceeding or not...Also do note the change in the monthly payment with this new loan...

I'm a fan of creating repeatable processes, putting them in place, and managing the process rather than the work and every single person involved.This is all good stuff worth considering, I'll PM you for additional information/discussion. 

@Robert DoucetteIf I can be of additional assistance during your property searches locally, drop me a note.

If the park is in a flood zone, there may be additional height requirements for new mobile homes coming in.

There are many ways to pay PMI:- LPMI - lender paid MI which is a fancy term for taking a bit higher rate to absorb the cost of monthly MI for the life of the mortgage, depending on your credit score it may take .125%- .50% more in rate to absorb your entire premium for the life of your loan- BPMI single premium- similar to the above it eliminates the monthly MI premium for the life of the loan but BP part of BPMI stands for "borrower paid," so as you might have guessed the borrower pays this premium in a cash sum at closing either from their own funds or seller concessions they've negotiated from a seller or a gift from their giftors -BPMI monthly or split premium - MI can also be paid as monthly MI which is the stereotypical way to pay MI and it can also be paid as a split premium or hybrid whereby the borrower pays a good chunk upfront to have a greatly reduced monthly MI payment.Most people take LPMI and absorb it through the rate via LPMI to eliminate MI for the life of the loan. 

This way they can't say they will not reduce or do not remember that discussion etc.With larger homes there tends to be bigger commissions but you can also lose your shirt quickly if you do not protect yourself as a broker/agent.

***Additionally, a mortgage broker that is able to take a tenant-buyer's option consideration that is paid to me (wholesale lease option deal), and either apply that consideration towards the TB's down payment when the exercise their right to purchase ORdiscount the price of the house.Typically the consideration goes through a third-party escrow account (my attorney's), and that helps with the above.Typically mortgage brokers who understand this type of situation will only submit financing applications to banks they have great relationships and won't have an issue with this type of thing.Thanks in advance!!

There is a lot of material and I feel that additional prep is needed for the exam.

This deal has more hair on it than just QCD:original owners were foreclosed upon by Fanny Mae;then the property was transferred or sold by Fanny to this bank;the bank has been sitting on it for 4 years and finally decides to sell, butin addition to QCD they want cash only (not even hard money);10% earnest money deposit - I have no problem with it if I can get it back in case the deal does not work out - but they allow forno option period and no contingencies of any kind!

Additionally, if someone knows a great tax guy/gal, that would be swell.