Separating the business and personal finances by using a business bank account and business credit card is the #1 thing you can do to make bookkeeping easier.

You'll need strong credit, a low debt-to-income ratio, and typically at least 20–25% equity in the property. 2.

A HELOC is  HOME Equity Line Of Credit.

Quote from @Jake Morgan: Traditional banks and credit unions have stated that law prohibits them from providing a mortgage against a property with a MH greater than 30-40 years old.

I am just someone with insider information who is sick and tired of watching them cheat and abuse the system and hurt and steal from good people.

Any other people that were hurt by Selene and can share if and how they managed to solve the problem?

Updated Financials below: Sale Price: $131,250Seller Credit: $7,500Net Sale Price: $123,750Total Construction (Labor + Materials): $35,693.37Total Profit: $14,000All In Margin: 12.75% MarginWe are concentrating on higher price point renovation projects moving forward.

I have no doubt this hurt his sale. 

MY realtor says just to ask seller to give 5K credit because seller already lowered the price and HVAC is working then, seller won't want to fix it. 

If your credit is bad that might make it difficult.