All Forum Posts by: Mike Luebbers

I am looking to purchase a 14 lot mobile home park. Would like to hear what others have done for financing?

Thanks

Thanks Jon. What does the number 60 represent?

Thanks Josh, so do you have any examples of this you could give me? 

Appreciate it!

I am thinking about investing in a mobile home park. The park it self has 8 mobiles homes (which I would own) and has 4 lots that are rented out to individuals that own their mobile home. The location is in IL, close to St. Louis and a 5 out of the 8 mobile homes are currently rented out. The question I have is, is there a quick way (without an appraisal) to determine what a fair price is for this? The mobile homes themselves range from 1979 - 1993. Some of these are in good condition and some not so much....

Thanks

@Rachel H. Thanks, looking at doing a lease to own option. Anyone have any experience with this? Thanks

Hello BP crew, I am looking into buying a mobile home court and was wondering about the type of financing people use. My bank will only give me a 5 year ARM with 20% down. Wondering what others may have done. Thanks

Hi and thanks for reaching out. I am interested in some fix and flips in the St. Louis area. Please let me know if you guys come across or have anything. Thanks

I am looking to connect with some wholesalers in the St. Louis and IL area. Please feel free to reach out to me.

Thanks