Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Help analyzing Mobile home park deal / Want to wholesale the deal
Looking for some input on quality of deal i have. Deal points are as follows:
2 separate properties both in N California
61 unit park with 11 park owned homes
large club house, common areas and homes really good condition
40 unit park good condition but very small town 7 park owned homes.
90% occupancy currently
Currently both gross income 504k annually
I have in contract at 3.5 million owner is willing to carry a 1st at 5.5% over 30 years if I put down 30%. What should i be looking out for and is this a good deal. I am most likely going to try wholesaling it since this is a new asset class to me.