No prepayment penalty..As far as future loans, the existing loan's payment will be part of your dti calc's.

AML and UBO requirements exist for buyers and sellers, not just banks and title companies.IN TEXAS:  The transaction should have been papered by a lawyer. 

Originally posted by @Mark Brogan:@Jay Hinrichs, funny that you mention cities don’t like parks because of the ghettos and trash with the way people live, every city I hv ever visited people live like pigs not to mention living in tents on the streets, maybe they should consider embracing mobile home parks instead of hating on them, they are the last affordable housing in this country ON the west coast this is starting to happen i bought a park in Eugene Oregon and that is exactly what the planner told me.. they would not approve new ones but they considered existing affordable housing but they WANTED THEM CLEANED UP..  

Are there existing networking events that you're plugged into and enjoy?

@Vemmanath VasudevanFrom your post, I don't think you understand how refinancing works and how to handle an existing loan.First, you need to learn about lien positions. 

Cashflow doesn't exist without substantial down payments.

Because people ask.) but my ROI is 47.083% (not including appreciation) and you can tack on 340.981% additional ROI (calculated after assumed selling costs.) in appreciation   Only one of my properties has infinite COC (it ws purchased with 2x loans on existing properties.)

I was wondering what the environment is like these days with finding off market deals and foreclosures (non existent because of eviction moratoriums??)

Generally how much buffer time a landlord needs after an existing tenant moves out and before a new tenant moves in? 

I avoid Flat or asphalt shingle roofs, houses with no garages, yards with lawn, split levels (a landing at the main entrance and then you have to go up or down stairs.), houses with less than 3 bedrooms and 2 baths so people stay longer, and multi-Family.