Mobile Home Park Seller Financing

[Ricky Reese]

Recently I have been researching mobile home parks. The cash flow seems to be the main attraction. I have read articles on Mobile Home University and I'm intrigued. I know the banks tend to shy away from these deals so I have been researching seller financing. How common would a seller financing deal be with 10% down over a 20yr amortization? Also, would it be sensible to bring in private investors to help with the down payment? It seems the chances of making a decent return (>8% cap) comes with larger parks. Thanks in advance.