Excited to own a MHP but where do I get the funds?

[Jose Ramos]

I’m really excited about owning a MHP, and I have set this as my new goal. But I’m new and just now getting educated on everything there is to know about MHP investing. One huge question for me is...where do you find the funds for a down payment? I make $63k/year at my current “day job” and I don’t have enough for a down payment for a MHP like the ones discussed on this forum. What’s a good plan for someone new with not so “BiggerPockets”...yet?

[Account Closed]

@Jose Ramos  Find a small deal that might fit your budget. Partner up. Wait and save up your funds for a down payment.  The funding is one component of the whole equation.  

You are on the right track , immerse yourself in everything MHP , breath it, live it, wax on, wax off. 

Source your own deals, you will be able to leverage deals into partnerships or potentially better opportunities than you might find elsewhere. 

I bought a 4 space park for 10 k ( to be fair needed 10k of work ) . ( in all fairness i bought it with a house for 2o something K that we sold about 30 days later... 

If you get into the bigger turn around deals, also make sure you are well capitalized or have access to capital and or liquidity so don't think just the down payment .