Private Money Terms for Mobile Home Investing?

[Taylor Tully]

Hi guys, I wanted to see if I could get some input. I’ve got a few friends who may be willing to fund some mobile home deals I am looking at and I’m trying to see what some good repayment terms would be to use them as private money lenders? I am looking at mobile homes in parks I could buy for around $5k and sell for around $20k with owner financing for 5-10 years. Total cash flow per unit after lot rent would be $250-$450 per month plus maybe $1000-$3000 down payment that could be split. What could be some good repayment terms I could offer them that would be mutually beneficial? Thanks for the input!