Now, a LOC with an APR of even 12%, is the ANNUAL percentage rate of 12%, which means its a 1% MONTHLY percentage rate.

There are roughly 300 questions for each house and local costs for materials are already entered, so when our guys hit enter, SF.com spits out a cost analysis, a contractor materials sheet, a pre-project Scope of Work and any internal docs we need.

Either you will buy a pre-engineered building and still need the site engineered for permitting; or you will pay for both building and site engineering

They'll hopefully tuck aside 10% of their income into a 401K in a pre-defined series of stock mutual funds. 

I have been looking ino this market, and would love to get feedback from anyone who owns a 1 or 2 bedroom condo in Banner Elk, especially at Sugartop or Ski Sugar Country Club. 

Especially in or around the coast as once again spaces are quite small and if you purchase from a tenant/owner very few MHP owner/managers can legally not force you to replace it unless they already have a pre existing stipulation requiring that the old MH be removed and a new one replace which a lot of MHP owners are requiring nowadays.But for the most part MHC's are really trying to gentrify in MHP'd that are in the path of progress so there is a value added there.

If you have the ability to source investment capital regularly at a realistic interest rate, let's say 7% APR. 

But here is the psychology; because the people that have lent us money are getting a return on their money of 8-12% APR, they are getting their reward already and most of the time they do not take advantage of the learning opportunities offered them.

You typically have to get an appraisal without the "subject to" conditions (repairs seller needs to make prior to loan funding) so if you are technically occupying it while renovations being made, your only concern would be either a pre-payment penalty Or the "flip tax" I just learned about above (Thanks Jennifer)

I am looking to buy my first STR/airbnb property in the Sonora to Dodge ridge ski resort area along highway 108.