1st park purchased but can’t provide certified rent roll????

[Adam Philpot]

Evening BP Family, I need your help! I just won a bid on my first mobile home park. I got it for 415k - 33 pads I’ve asked for certified rent roll and tax records from the last 2 years. They’re saying they can’t provide a certified rent roll. What should I do?

[Gulliver R.]

ask for last 3 years bank statements, signed estoppel statements, and/or a signed purchase agreement that explicitly indicates the gross and/or net income of the park is true and accurate.