Here is the background:*I purchased Property A on Feb 2016 for $109K with cash, rented out, Sold 2 years later (Apr 2018) for $141K after closing costs. 

Hello everyone. I'm interested in lending money out using a self directed RRSP or TFSA account (I'm Canadian). They are called Arms length mortgages in Canada. I was wondering if anyone has done this before and can of...

generally speaking parks with park owned homes do not sell for as much as parks that have no park owned homes.keep in mind maintenance on MH is a tad tougher as the parts are not off the shelf at home depot.. etc etc.And lenders will not give you credit for the park homes in the valuation of the park.what some do and what I have done with the parks we owned. is we sold the park own homes as soon as possible.. on long term contracts.. and raised the space rent.. that's were the value is.or in some instance we just gave the unit away for free and raised the space rent way up..

My landlord died his son took over the property and sold it in August!

I am worried though that with this private deal, the contract may end up being very tight and might screw me if I made a mistake.

This is a private sale.

Needless to say, I need to get creative with our next property whether it be private funds, taking on a partner, etc.   

Down the road, you may be able to qualify.If you have taken hard money or private loans, ask those lenders to "report" to credit bureaus.And always go talk to the smallest, most local bank. 

I really do rent to own wanting to have the property sold at the end of the option period!!!!   

I bought, rehabbed, managed, and sold with little outside help.