I am hoping to see if anyone has any good lenders that can close quickly on FL properties (7-10days).Gulfport, FLPurchase: $185,000Rehab:  $35,000ARV:  $289,000I can provide additional information if need be..Thank you.

Additionally, close to a college is good...but is also labor intensive and you will need money to fix things. 

Hello - Been speaking with my wife recently about the need for additional streams on income.

In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.  

Weigh the refinance cost Vs the additional amount that you can cash out so that you can decide if it is worth proceeding or not...Also do note the change in the monthly payment with this new loan...

I'm a fan of creating repeatable processes, putting them in place, and managing the process rather than the work and every single person involved.This is all good stuff worth considering, I'll PM you for additional information/discussion. 

You got burned-if they would have taken you to court ( not very likely) -they would have had to pay the filing fees , and you would have handily won the case, without it costing you a cent.

@Robert DoucetteIf I can be of additional assistance during your property searches locally, drop me a note.

If the park is in a flood zone, there may be additional height requirements for new mobile homes coming in.

HI Pandu,If your wife gets another home and tries to claim primary residence with out a completely documented file the underwriter(UW) will think wait are you guys getting divorced ?