All Forum Posts by: Gene Nelson

Looking for financing on a mobile home park anyone have advice. 

Good morning it’s going very well it is all boiling down to a matter of when not if so it’s just a waiting game there are three owners involved.

Yes we did, the park is in Wichita Ks

sorry try this  

https://www.biggerpockets.com/...

I could get it to this.

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

I have an oppertunity to buy a 12 unit appartment complex. When I run the numbers on the property it does not cash flow with current Denver cap rates. Denver cap rates at very low.

The 12 unit property I want to buy is being sold as an owner carry. I need ideas on how to present my offer because I will not be able to buy it at current cap rates of 5.1% and make any money on it.

Gene

I'm getting ready to present to a prospective seller on an owner carry, benefits pros and cons and make an offer on the park. I have already done the due diligence and am looking for tips and ideas of how to carry this process through.

Thank you for the information greatly appreciated

I am connected with someone who is looking to have their mobile home park managed by a company feel free to reach out to me.