All Forum Posts by: Stephen Karathomas

Devon, is there a seller finance option available? You could front the down payment as well as monthly payments to the seller, then charge interest on them. The GC or their partner can get the construction loan. I'm not quite sure as i've never been in this situation before, just throwing an idea out there. 

Hey Phillip! Welcome to the community! Please reach out if you need anything or have any questions! 

@Roger D Jones thank you. This is great advice. I like the idea of temporary free space rent! Is this something you have done multiple times? From your experience are lots of park owners open to something like that? 

@Rachel H. thank you so much for your insight! That was a huge help! 

I am very interested in mobile home parks and mobile home fix and flips. There are some opportunities locally i am considering. Based off videos and research i have done lots of experienced people say the homes should be under $10k. In my area Albany NY/Saratoga County NY, it seems as though even private sale $10k is the absolute minimum! I am curious of where people find these low priced homes, if it is my location that is the problem, and if $30k-$40k homes are still possible to flip? Any other advice on the process and flipping would be greatly appreciated! 

Happy New Year!  @Michael A Pansolini Sent you a connect and would love to find out more about your evaluator! Thank you!

I am in a very similar situation @Chris Scarazzini just starting out! I will be attending a CRREIA meeting if you are interested in connecting at all! Please do not hesitate to message me with any questions or ideas, I would love to connect! Hope you had a great holiday! 

@Bryce Cutler Like wise! Enjoy your holidays! 

That is awesome@Stefanie Gouvis !  I would love to hear about your rentals! I'll reach out and let you know when the next upcoming meetup is! Are you located in the Capital Region? 

Thank you!@Donald DiBuono I really appreciate it!