Cor Van de Water
Finding creative long term loan, low interest multi-multi-million
26 June 2021 | 4 replies
Background: We live in a Mobile Home community and want to buy the park from the commercial company who is exploiting the lack of regulations to run the residents out of their equity and their cash by excessive lease increases.When we can find a way to get between 250-300 mio at a rate as close as possible to 2% and paid down in about 50 years, then we can stop the lease increases by converting to resident-owned park and use the existing cash flow to pay down the loan, besides residents who might outright buy their share and pay off instantly.Any creative financing options out there if we want to allow some residents to remain leasing and some to buy their share immediately or upon sale of their home and their share of the park?
Carol Burns
Need help, Hold or Sell?
27 June 2021 | 2 replies
Also own another mobile home with land, worth about $100k (no mortgage) Rents for $575, CF is $425/mo.
James Des
Mobile Home Park or STR’s?
26 June 2021 | 0 replies
I’ve been reading up (probably 4 hours of research reading plus podcast) the ins and outs of mobile home park investing and STR’s.
Steve C.
credit report for tenant screening
30 June 2021 | 2 replies
For a collection account, I noticed that it is from T Mobile for amount $3200.
Robert Meyer
Mobile Home park evaluation
15 July 2021 | 6 replies
Hello all,After talking and networking with a friend I have come across a possibly strong deal, but am unsure how to proceed since I am new to investing, and definitely new to mobile homes/parks.
Greg Ward
Storage unit development questions
1 July 2021 | 5 replies
You just need to measure population, mobility, income, and demand for units.
Clayton Coombs
Best place to share a mobile home park for sale?
1 July 2021 | 5 replies
My mom has a really successful mobile home park in Panama City Beach Florida that is a cash cow but she's ready to sell.
Zachary Parker
Boston Apartment Vacancies Down 43% Since March
30 June 2021 | 2 replies
It looks like the students are coming back to Boston, but questions still surround vaccine requirements and international student mobility.
Nicholas Glatter
Next Step: 120 Units in One Deal
15 July 2021 | 9 replies
I know Brandon Turner was offering a finders fee of 50k to bring Open Door capital a mobile home park that fit their criteria.
Melissa Griffith
Manufactured / Mobile Home Dealer Southern California
20 June 2022 | 2 replies
@Melissa Griffith You may want to contact some local mobile home dealerships around the piece of land.