In addition, the loan does not have to be repaid until the borrower no longer occupies the property.home equity line of creditA mortgage loan, usually in second position, that allows the borrower to obtain cash drawn against the equity of his home, up to a predetermined amount.home inspectionA thorough inspection by a professional that evaluates the structural and mechanical condition of a property.

It shows the pricing model on their website.  

Also, be wary of websites such as Zillow when they state a school for an address.

I'm paying 8% for hm right now, and I'm not sure  a non-conventional lender would go into a backup position for this type of loan for much less.

I believe the next one is planned for mid Nov in Austin, TX.Here are a few resources that I found valuable when I was learning about the details of investing in mobile home parks:Books: Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank RolfeMobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart SilverThe New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin CochranThe 21 Biggest Mistakes Investors Make When Purchasing Their First Park and How To Avoid Them by Charles DeHart and Kevin Bupp (available for free from www.mobilehomeparkacademy.com)Podcasts: The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHartMobile Home Park Investors with Jefferson Lilly & Brad JohnsonMobile Home Park Mastery with Frank Rolfe Websites/Blogs: Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson.

My experience has very positive for the most part.

IF you are set on that you want them to grow with you then you can set a number and a dollar figure for this position. 

I know some people get by paying for real estate with credit cards and other craziness, but most people still standing in 10 years are dealing from a position of strength: good credit, good reserves, good boundaries with others. $1500 is peanuts.

Though, that would require another post.There were some positive things about my experience with Jonathan.

@Mike Van Arsdale So, the problem is that you can't get a LOC from a commercial lender unless they are in the first position?