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Updated about 4 hours ago,

User Stats

88
Posts
25
Votes
Sean Ade
  • Real Estate Agent
25
Votes |
88
Posts

Seeking Private Lender for Two Manufactured Housing Projects in NC

Sean Ade
  • Real Estate Agent
Posted

Hi BiggerPockets Community,

I’m looking for a private lender to partner with on two manufactured housing projects in North Carolina. These projects have strong profit potential and offer an excellent opportunity for collaboration in a growing housing market.

Project 1: Rowan County Parcel - 379A062

  • Purchase Price: $30,000
  • Additional Funds Needed: $130,000 (Construction, site prep, utilities, driveway, landscaping)
  • Total Project Cost: $160,000
  • Expected Sale Price: $225,000

Project 2: 6030 Hardwood Ln, Concord, NC 28027

  • Purchase Price: $25,000
  • Additional Funds Needed: $145,000 (Home purchase, demolition, site prep, utilities, driveway, landscaping)
  • Total Project Cost: $170,000
  • Expected Sale Price: $265,000

Total Funding Requirement for Both Projects: $275,000

I’m offering competitive terms and open to discussing how we can structure a win-win arrangement. These are straightforward projects with well-defined budgets, clear timelines, and a solid exit strategy through the sale of completed homes.

I have a manufactured housing dealer’s license, allowing me to purchase homes at wholesale prices, which gives me a significant cost advantage. My experience in manufactured housing development ensures that these projects are executed efficiently and profitably.

If you’re interested in discussing further or have any questions, please send me a message or drop a comment below. I’d love to share more details and explore the potential for partnership.

Looking forward to connecting with you!

Thank you,

Sean Ade