All Forum Posts by: Ken Madill

hi looking for equity partners, for purchase of 15-20 unit apartment buildings. What is the best way to network with investors outside my peer group

Andrew you need go go into every deal with an open mind. I would ask around and find a partner or friend who is willing to invest with you. If you use there Money to buy. Sell the home at a higher price and interest rate. Also you can look at the seller carrying a note or rent to own if the park will allow if.
Good luck
Ken Madill

First of all your not a realtor until you join your local realtor association. You must be a licensed salesperson or broker. As a beginner post ads on craigslist cash buyers wanted. Go to your rei club and network with property owners. Also try calling the numbers on bandit signs in your neighborhood.

Goodluck
Kenny

Hi Tim are using seller financing or lease options. Most of the sellers I have met with need cash

Kenny

Manny, if you can buy it right. I would do a Lonny deal. That is selling it for double what you pay for it. Then Carry the finiancing. I believe you said that came with land that will open up a few more options.Is it on a foundation then it becomes real property?

Phil you seem to know about Lonnie deals do you have any experiance with M/H

Hi Manny are you planning on holding the note

Hey Terry sounds good. I have been speaking with one manager who takes care of 5 parks in my area. Trying to set up a meeting he is giving a little resistance.
Kenny

Rob,
Thanks for the two cents.I have done some wholesaling and made ok money. I am now looking to get into older mobile homes. Buy them wholesale. Sell at retail and carry the note.Now I will have money coming in and do not have to be a landlord.
Thank
Kenny

Hi all,I have read all of Lonnies books. and have been activly looking for Lonnie deals. Currantly searching craigslist, talked with park manager[one manager hanldles five parks in my area]. Posted bandit signs and I buy mobile homes on craigslist. Everyone I talk to wants giant money for there homes.Stuggling to find a deal under 10k
Kenny