Chris Battaglia
MHP LTV/MHP Contract Assignment
Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
Stephanie Moore
Wholesale Investor Looking For Beginners Tips
Good day,
I recently signed up to take the Than Merrill class to be a Wholesale Investor, any tips on how to be successful at this and what steps to take initially as a beginner?
Thank you kindly,
SM
Spencer I.
2 Sellers in title and 1 has leins
Hello all,
I have a question. I have a property under contract with the seller and the seller's brother in title. The seller's brother has a lein on his name that will pretty much kill the deal. Using a gener...
Patrick M.
Long Distance Closings in COVID Era?
Hey folks- thinking about doing my first distance investment, and am thinking of seeing the property in person (weekend) but closing on a weekday, and closing remotely from where I live, about 2 hours away.Here are my...
Ryan Davidson
56 pad, off market deal under contract
Hello Fellow BPers- I just went under contract on an off market 56 pad MHP, currently at 57% occupancy with infill value add. Purchase price 1,700,000 (seller stated they were given a much higher valuation) Lender als...
Hiethem B.
Offers and negotiating with sellers
I located a mobile that the seller has listed for $10,000. 3 and 1, built in the 1970's, space rent will be raised to $680 upon the sale of the home. $500-$700 is pretty average for the Cali market. The seller has o...
Cathy Malmrose
3 bdrm SFR in good neighborhood
What would an intelligent investor do with this?
I have a 3 bdrm, 1 bth, double lot, safe neighborhood, fully renovated SFR at 3902 State St, Bridgeport, Michigan for 120-ish. DOM = ~3 months.
Price is good. While ...
Jay Lee
Is mobile home park investing safe? What is liability risk?
I am interested in mobile home parks. Have not bought any yet. I am curious, have you had any concerns with your personal safety buying mobile home parks? Second question was about liability. Have you had concerns or...
RIck Montanari
Tiny Home Market?
Hey everyone,New member here and as my first post I'd like to pose a question about the tiny house market. Let start of with a bit of background....I'm a local metro Denver Realtor who has been licensed for less than ...
Kevin Ellis
point of diminishing returns ?
Hi, I'm new to the MH world, but have worked on many stick builts. I am a little lost on MHs as to how to evaluate an improvement and the return that can be expected from it.
I just bought my 1st MH and am i...