Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preventing me from more easily accessing it from a conventional lender (I checked with a credit union already).

I wrote the above for informational purposes.

Look forward to hearing your response and best of luck as you grow you MHP empire!

If one is fiscally not responsible on their own, it will be dragged into their real estate dealings.

And if we can gain access to the equity via a LOC then it kind of serves the same purpose as what I was attempting to do by putting a 30 year on it.  

Hi Aaron,If the trailer is used for personal purposes as well as business, then yes, a percentage based deduction would be taken.If 90% is used for business, then you would write off 90% of it.The other 10% is not deductible.Best,-Hector

Thanks for the response. 

I live in San Diego, so I need an agent who is responsive, trustworthy and willing to work probably harder than he/she should have to - and Joel has fulfilled all of my expectations (and then some...I'm not sure if you saw my previous post from August, where he changed the flat tire on my rental car!).

You don't concern your self with paying them off since that is your tenants responsibility not yours. 

Hi everyone, I was looking into starting an LLC for the purpose of flipping properties.