. = 43980 annual gross incomeUsing the 50% rule we arrive at $21,990 (taxes, insurance, maintenance, holding costs, vacancy, property management, other expenses...?)

For a quick test to see if I am interested in checking out a MHP I take the occupied spaces and calculate a gross rent from only the occupied spaces and then multiply times 60% to eliminate 40% for expenses and have a rough NOI to divide by the cap rate I desire from the MHP and arrive at a max price to offer.

Had to wait the two weeks because it took 10 days for the Trustee's Deed to arrive.

If you say 2:00 PM, some will arrive at 1:55, someone at 2:00 and someone at 2:15.

I looked at the bottom of the page when I first arrived and somehow looked right past the link.

This is consistant with Fannie Mae, Freddie Mac, VA, FHA, USDA and any insured lender for a portfolio loan.One guy uses a credit as a seller concession which works for FHA and his angle of business, but it can and does cause lending problems in other types of financing as seller concessions may simply be deducted from the sale price to arrive at the LTV.

Dal1,As an appraiser I have seen many houses that have been improved beyond what the neighborhood calls for and it is unfortunate..When an appraiser adjusts the comparables to the subject to arrive at a market value your improvements are adjusted to what the market iswilling to pay for those improvements.

Earlier this spring it was hotter in Ft.

I guess you're getting some hotter than usual temps up there this week.

Once arriving at the website I can't tell who might have left a post or New Thread…..