I realize I rambled in a previous post and wasnt very clear so sorry about that.
I have this old MHP for years as solely a buy and hold. It has not been an operating mobile home park (even when I bought it).
So I need some form please that I can plug in expected costs of bringing in homes now, slowly upgrading water lines one at a time, rent coming in each month etc…
Most forms I see are only for the purchase of a turnaround park. Or just buying a park in general.
I just can’t find anything on a property that one already owns.
Please help as I have to lay all info out to my banker very soon to ask for loan or credit line againsg the equity .
Thanks!!
Paul