Hey Guys, I found myself in a unique situation...I came across a 3/2 at an attractive price the day it was listed on the MLS.

The reason I’m attracted to the FHA loan is because of the low down payment.

The property was zoned for multi family and no one was buying it. it was a challenging site, but the price was far too attractive to pass up.

If you can attract a C class in a A area, then you may attract a B class or A class tenant.

The demand will dwindle as home ownership becomes less attractive affordable.

Do they have things that attract people to move or live there?

We use loan brokers on virtually all of our acquisitions and refinancings as they know the lenders that are the most attracted to MH at any given moment (whether it's bank debt, conduit, or agency).

There is tons of opportunity in the $300-800K range and doing a couple smaller deals will allow you to establish a track record which ill attract the bigger money down the road. 

I’ve invested in several other private equity real estate funds but each has some significant value add component that makes the flip very attractive.

Turnkey property at a competitive price with great location and attractive Cash flow How did you find this deal and how did you negotiate it?