Mobile Home Park Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Need opinion- offering 50/50 partnership for 25% of the cost
So I’m looking to become an investor with little to money down but have family that are investors and all say should do more commercial. So since I don’t have much to offer yet I was planning on offering them this but want to see if it sounds good and get opinions.
So of course I’m going to show them the mobile home park and all the details I’ve gathered but I’m offering them to pay 25% up front and the closing cost and the other 75% will be mortgage and after the 50/50 net income each month from my half the mortgage will come out before anything else and I will pay that all off.
Opinions?