Perhaps we won't be so lucky here in the Long Beach area, but I'm curious if anyone happens to know any local lenders who have offerings better than the standard 75% LTV?

The furnace and hot water heater is original. 

I'll have the option to buy the following park:$300/month lot rent (All resident owned homes)35 lotscity water/septic sewerwithin 5 miles of a Walmart (tenants pay their rent there).Located in a county of approx. 40K peopleThe previous owner dealt in all cash, there was no records at all.

I ran very conservative numbers and think I could transfer the water/sewage to the tenants, increasing my return.

Also, when it does rain hard there is some water that leaks into the basement, but in both units there is a properly working floor drain and nothing is down there to get damaged. 

Frequently the REI/consumer applies to 3 or 5 different HELOC lenders before a credit line is actually opened -- the better rate HELOC has higher standards, so REI/consumers go through this time-exhaustive exercise of getting denied a bunch because the 4 best rate HELOC lenders denied them, it's not until the 5th that it's approved and open.

My duplex is okay per zoning and was originally built with 2 units and is metered seperate for both electrical and water. 

I've never actually wanted to do this before, but now I'm considering it.Does making a partial payoff on the principal of a standard fix/flip hard money loan(12 months interest only with balloon, no prepayment) actually reduce the monthly interest payment?

City water and sewage, which I pay for both units, seperate gas and electric.

How old is the roof, HVAC, and water heater?