I have an odd situation I'd like some input on.
Property taken as collateral is a mobile home park with 8 MH spaces (no actual MHs), that also includes a duplex and a SFR. The purpose of the loan is cash out to make improvements, but only on the duplex and SFR. For construction method, should I report 2 for manufactured home since it is a mobile home park, or should I report 1 for site built since the site built properties are the only ones being improved?
TIA
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All opinions are my own, not my employer's