Seeking Partners For Mobile Home Park Acquisitions

I buy and sell older good condition single wide MHs in MH Parks to good quality residents.

I'll take small down payment and take buyer's  promissory note so as to make a nice return on my investment.

I do all the work here and can get the investor (wholesale) buyer a very nice return on his acquisition cost.(*see example below)

As a retired lawyer I'll form a new LLC for the venture and the investor and I'll be owners of same, as per its Operating Agreement and investor will be the manager of LLC.

I first check out the buyer so as to make sure he's no ex-felon or sex offender and has decent credit and income; then I prepare the Sales Agreement with our installment note purchaser as I have years of written contract drafting experience from law practice...also I make sure the Sales Agreement complies with state consumer and home purchase laws on which I'm always conscious and aware.

Typically take a 10% or better down payment and a 3-7 year note for balance of sales price. Our LLC, with you as the Manager will be the named payee and control the check-book and we'll split the payments as previously agreed between us, as they're made.

Give me a call anytime and let's make some money here!

Bought a little '77 single wide MH in decent condition for $2750, paid 3 months MHP lot rent @$350 per month, for total of $4300 into the deal; then sold for $7800 to 2 middle-aged brothers who paid us $1500 down, and gave us a 4 year note for $250 per month @ 10% interest.