We have many rentals and we carry paper on mobiles that we buy and fix.  

I'm already pre-approved for a 203k loan and I'm looking at houses to do a flip, but the houses I'm finding the numbers just don't work. 

@John HixonThanks for the kind words@Mark KvamThe following people I think should be consulted regarding your mobile home park purchase@John Fedro@Curt Smith@Ken RishelMaster lease options in general is where we "guaranteeing the net operating income NOI" on a master lease, have an option to purchase based on NOI, and then turning around the investmentAll leases are turned over to you as a master tenant and you in turn sublease  outThink of a poorly managed apartment building, with a low NOIYou increase rents over time and decrease expenses and efficiency of managementWith a master lease option, you can sell your option or exercise your optionMobile home park negotiations, I would think that that's a late sale and purchase agreement with a large down payment would be the most prudent way to approach it, you may need private money to execute the  sale and purchase agreement@Bill GulleyMight have a few ideas too

Now I have been approved for a blanket /commercial loan and lender has ordered appraisals.

Now I have been approved for a blanket /commercial loan and lender has ordered appraisals.

-15 Mobile homes all on individual lots and fully rented- Sewer/Water by the city and metered to the tenant- Rent for $450 each- Average lots in the area rent for $175 and homes this size $475- All 15 homes are located on the same road next to one another- 2.3 miles to walmart and city population of 61kQuestion:  Since these aren't in a "park" would you still value them the same way?

All,My business partner and I are ready to make our first investment but have a few questions as we wait for our offer to be approved. 

As others have said, getting pre-approved is the first step.

I know I can hire a mobile notary service to deliver the paperwork to the client and get signatures, etc.I know this is simple stuff for most of you guys but I just have not gone through the process myself.

We are waiting to here back whether or not they will approve the loan based on this information.I am trying to see if there is anything else I might be able to do to move this forward.