Looking to work with interested investor looking to get into the short term or long term rental business through manufactured homes.

For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation rental. 

These models capture the primary expenses associated with fix-and-flip and long term rental/BRRRR investment projects and provide an estimate of total cost and profit/returns.Shoot me your email if you'd like a copy of either or both.Hope you find helpful in reviewing your projects!

It sounds like you already made up your mind to enforce the terms outlined in the lease which, in my opinion, is the right decision.

It seems PMs don't make a ton of money for all that they do and their incentives don't always line up with investor's incentives (i.e. getting paid more for turnover in terms of tenants when I'd prefer no turnover or vacancy).Sorry for the long intro, but having said that, I have a few questions...   

This was how I met my first agent that helped me purchase two of my homes.I know it can seem daunting at times, but you’re making a decision to create long-term and maybe generational wealth.If you have any general questions, don’t hesitate to reach out.I wish you all the best.

I see so much opportunity out now in terms of inexpensive lots, I was just out to see one in Northern IL that looks promising in a B+ area.

The seller however does not have any documentation to show he made any reasonable efforts to evaluate the borrower ability to pay the loan.

Refi into 8% kills your cash flow.HELOC is great for short term borrowing. 6 to 24 months max.You are single, so financially your best move would be to house hack a 2 or 4 family home.

If you list hard and fast terms, your sneakier people will conveniently leave some of their animals off the application.