Mobile Home Financing to Private Investors

[Sherman Arnowitz]

Investment Info:

Mobile home private money loan investment.

Purchase price: $40,000
Cash invested: $36,000

Investor IRR: 10.92% (along with a personal guarantee from the park owner)
Monthly Servicing Fee: $20 per month debited from the investor's monthly revenue.

What made you interested in investing in this type of deal?

Mobile home financing is an excellent opportunity for investors who are looking for a solid return along with a guarantee from the park owner.

How did you find this deal and how did you negotiate it?

Keyhole Connect has hundreds of relationships with mobile home parks, dealers and flippers who come to us to finance deals for them.

How did you finance this deal?

Borrower is responsible for putting down 10% off the list price and we finance the balance. The borrower must be approved by our underwriter.

How did you add value to the deal?

Our expertise is being the "middle man" putting together the deals between the sellers, borrowers and investors. We make sure the deal goes through as smoothly and quickly as possible.

What was the outcome?

This passive investment has been set up and the investor will be paid directly into their account on a monthly basis.