This would be a joint venture with me offering to just provide a percentage of profits and equity in the property in return.  

This is the percentage of costs (purchase and rehab) covered by the loan.

I move manufactured homes already but I already opened a new manufactured home dealer so I am looking for an investor to help fund the purchase of 3-5 new manufactured homes from the factory and get some percentage of every home sold, so my question is where can I find one or where will be the best place to find someone interested.

I am looking to get a job doing this, but I am not sure what commission percentage I should ask for or if there is a regular commissions plan out there that everyone pays lead generators.Thank you for any information you can give me.Allan Guerra

This is the percentage of costs (purchase and rehab) covered by the loan.

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

You'll have to give a significant percentage of the deal to them for the risk they are taking. 

What we do for profit sharing with our employees is we give them a percentage of the leases they complete as well as lease renewals.

Even when they are charging you a very high percentage, the agent is probably operating at a loss.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.