🔍 Investor Insight Needed – Owner Finance Returns on 1st Lien Positions 🔍Hey BiggerPockets community,I'm looking to connect with investors who fund owner-financed purchases in a 1st lien position.

I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!

I've never really done a deep dive in analyzing the area because it is a retirement community, median income is very low, and there arent a lot of jobs in the area.

I imagine for people who have had accounts there for a little while would be approved quickly.Also on the cashout refi definitely hit up Community Bank.

Tell us more and I'm sure the BP community will have some great ideas for you

So glad you introduced yourself.. what's the first question you'd ask a seasoned pro in our community?

Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent.

Don’t overlook small rural communities.

I can't post the link here, you can dm me or search online. 

As a community I think we should focus on helping people who have had their housing situation negatively impacted recover as quickly as possible.