If it's a live in flip, I pull find another so make multiple offers.Hope this helps.

If you own a vacant, buildable lot, are there any banks who will allow you to pull cash out of it by refinancing?

If you own a vacant, buildable lot, are there any banks who will allow you to pull cash out of it by refinancing?

I bought one a couple of months ago (paid about 20.00 more) along with the tapping block, the pull bar and the spacers.

Now its Time To Pull The Trigger.

Also, once you pull up the floor, you see the plumbing, frame, tie-downs, etc... which can uncover a whole new list of problems.I would LOVE to get back into the MH business, flipping homes, but I have enough Florida Park knowledge to know that a deal too good to be real is just that (see line 1 of my post).Feel free to shoot me a PM with the park and I may be able to provide you with some additional ammo if you decide to proceed. 

I have been keeping my eye on some of the developing areas in the community, and I feel its time to pull the trigger on some of the properties in my sights. 

I was going to offer %10 on her money and this personal loans looks to be cheaper then that, so I'm leaning towards pulling the trigger, just looking for outside perspective.

It can be done legally and ethically, but that is not explained or contained here or on any public forum that I know of, not even close to the stunts being pulled by wholesalers.

That said, my plan is to take out a hard money loan for the purchase, and then immediately refinance it, which would allow me to pull out around $10,000 (based on 75% of the appraised value) as well $200 cashflow each month if the tenant pays the average rent for the area.