Correctly positioned, you could retire in ten years or leas.

Thats historically correct but who knows if that will be true.You can argue some of the numbers maybe should be adjusted a bit here or there.

A lot of reasons is correct as Brian says.

Zac, Sandy Blanton is correct.

The land of a vacant mobile home pad is worth $0.The 60x (off city utilities) and 70x (on city utilities) multipliers of monthly rent are correct.The correct way to value a MHP is the lot rent multiple, plus the FMV for the individual mobile homes (not a multiple of their rent). 1970s 'beater' MHs might be worth $1,000 - $2,000. 2000-and-newer MHs might be worth $20,000 - $25,000.

You may want to contact your bank and find out about HARP , it's a govt program that if I recall correctly can eliminate the upside down amount on the mortgage .

Now I try to spend less time coloring outside the lines, and stick to what I'm best at when I'm stretching my capital.

But what I describe will give you the correct result and can be easily set up in Excel.

Long as you do everything correctly you are looking at a month to month and a half, 2 months max!!

Ben Leybovich, am I correct in this, or were you referring to something different?