All Forum Posts by: Tony Sklavounakis

Does anyone know of a mortgage professional who has completed a recent Vendee loan deal??  

I am new to the property management business i need to know which software program is the best?? for newbies

Thanks for the insight

lot Rent is about 135 a week and some clients are on monthly arrangements.  Weekly is easier for land lord to evict in case the renters do not pay on time. All utilities are on the renters...because each mh has own water and own electrical hookup.  

only costs according to owners is cutting grass.  and income is 4500-5000 monthly

I Know of a  a mobile home park that is for sale for 176K for 11 homes I want to obtain this park for my portfolio with virtually no money down...I know it might be impossible.  So I want to know how to structure a deal with this family for the 11 MH in there park for little or no money down.....and if that is not possible wanted to see if someone could provide insight into wholesaling this out.

The family has an additional 36 homes for sale later in the future

The 11 homes have their own water and electricity.  This park the owner of the park own both the land and the homes.  They seem to be in fair condition. 

They reported that they have made approximately 4,600-5000 a month with the 11

I want the 11 for myself but don't know how to communicate an offer to them that allows me to risk little money in the deal.  They will consider owner financing on the 11 with 56k down. 

I don't have close to that.  Any advice or comments is appreciated.