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All Forum Posts by: Sam Crochet

Sam Crochet has started 10 posts and replied 26 times.

Hi there,

Does anyone have experience with any reliable property managers in the Macon, Georgia area? It’s about one hour southeast from Atlanta down I-75S. Any feedback at all would be great. Looking at a good deal but my current property manager in Atlanta isn’t willing to travel down that way. Hoping to find someone soon I can trust.

Thanks!

Sam

Hello! 

Does anyone have a recommendation for reliable property management in Jacksonville, Fla or Memphis, TN? Multi family experience a plus as I’ll likely be buying a four plexus. There are some decent suggestions on google, but would feel more comfortable with a personal recommendation. 

Thanks for your help!

Sam

Originally posted by @Paul Sofia:

How many pads, Sam?

 Paul—it’s four park owned homes.

Thanks!

Sam

Originally posted by @Jay Helms:

how big is the park @Sam Crochet? And what is your loan needs?

 Jay,

It’s four park owned units for now. Plan to rent additional lots. Ask is $169k and we wanted to put 20% down. We’re flexible to a degree, but a 15 year note would make it far less sweet a deal.

Thanks,

Sam

Hi there,

Has anyone had any luck getting a mobile home park financed with reasonable terms on a 30 year note? I’m dealing w a seller (in a town near Atlanta) who simply won’t owner finance and, unfortunately, none of the local banks (or the few big ones I’ve reached out to thus far) will offer me anything beyond a 15 year mortgage. Further, most want to divide the plot into individual units, which seems silly to me and multiplies the closing costs. The 15 year schedule is the most frustrating. That basically kills the deal..

Any thoughts?

Thanks,

Sam