I live in NJ so housing prices are fairly high.

Needs complete rehab ceiling is showing mold in living room and room kitchen cabinets has to be more updated flooring needs redone painting outside and in bathroom needs to be updated the property value is estimated 401k highest 437,090 rent in area I seen 2600 lowest highest being 2750 a contractor roughly estimated told me I’m looking at 134kIf it makes sense ofc I would love to hold and LTR  the sqft is 1214 I see same houses sold ending of last year for high as 450 that was smaller 1,140 sf 

I found the property on craigslist so that should give you an indication of how long ago that was .. 2006 - about the age of my profile picture : hahahahaAt the time I had a total of $15,000 cash.

Get a high lease price or profit sharing, due to the extra wear and tear.Make sure they are licensed and insured and local.Get a personal guarantee outside of their LLC name.

I highly recommend 24 hour closing.

Greeting BP,Curious to hear some general thoughts on how high is to high for home prices.

In my opinion the value of a mobile home park for an investor is the high monthly amount you can charge residents for using the land/utilities. 

Thanks in advance This is a very highly revionalized question.

I got some cash in hand which i can either put in a high yield savings account or use to pay my current mortgage and then cash out when i buy the next home. 

Stacking is high risk and does lower your FICO by 8 points so do it AFTER the mortgage funds, on that morning do four.