Mobile Home Park flip

[Brandon Pate]

Investment Info:

Large multi-family (5+ units) other investment in Myrtle Beach.

Purchase price: $283,000
Sale price: $555,000

Owner financed a mobile home park at 3 percent interest with no money down. Flipped it 3 years later after increasing cash flow.

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

Cash Flow

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

found it in 2017 finally made the deal in 2021

How did you finance this deal?

owner finance

How did you add value to the deal?

hardwork and determination at a young age

What was the outcome?

great investment opportunity