Don't just trust, do your own due diligence!

[Van Hai Nguyen]

Investment Info:

Mobile home private money loan investment in Blytheville.

Purchase price: $250,000
Cash invested: $250,000

34-lot mobile home park

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

For monthly passive income

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

Loan to partners to buy

How did you finance this deal?

Cash

How did you add value to the deal?

remodel old homes, invite more tenant

What was the outcome?

Not so good now

Lessons learned? Challenges?

Do due diligence carefully, don't trust

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I work with real estate investment coach / trainer and would not recommend to others!

[Jaspreet Baveja]

@Van Hai Nguyen - Sorry to hear that Van. I'm not sure how bad the situation is, where the property is, or if you even want / need help, but if you do, please feel free to either explain further in this forum or reach out directly. Best of luck. Due diligence is most definitely KEY to any investment, whether all by yourself, with partners, as a lender, equity partners, Limited Partners or heck even stocks! Again, sorry to hear it...