Basically, they don't want to take the risk that if things don't go as planned, having to chase you across the border.Smaller more local banks may be more flexible if you are buying 'small' properties but if you are looking for a mid-sized (250K - 2M) commercial loan - it can be extremely difficult.Good luck - Oren

I think these people hurt their case even more by withdrawing from your offer.My application and lease basically say the contract can be nullified if someone lies on their application (mine, too, says "animals", not "pets").  

Basically, BRRRRing the property and recycling the repaid credit line for future growth.

If rates go down, you pay the change in the rate x balance x time remaining on the note (it is a very long formula that I can't really explain) but basically if rates drop you will have a penalty, if rates go up then you do not have a penalty. 

The 11 units are the maximum possible on the propertythe tenants have always paid their own utilitiesThe units are all city water and sewerRegular upkeep is that the park occasionally gets new gravels and someone is in place to cut the grass for $75 every 2 weeks and I pay for two street lampsThe property taxes in 2018 were $900The property without the 11 units appraised at $110,000 The trailers themselves aren’t worth a great deal of money I’m sure but the way I’m looking at it I’m buying the whole park is basically buying myself income I expect after taxes and expenses to net at least $2000 a month, does this sound like a winning project?

So the job would be a complete gut and basically a new home for the inside.

You make blanket assertions that basically call every PM a scam artist.

The trick is that you have to actually "get started" after you learn the basics.

Basically the  investor I have partnered with thinks it's not a great deal because it can't be paid off in 15 years for any price even close to the asking price which is 375k.

After asking several callers, I found out the "ad" basically says 'call these people because they don't screen tenants...'