I am currently looking to purchase a mobile home park just outside of Memphis, TN, where I am from.

About 3 or 4 months ago on the mobile app the responses aren’t in order of timeline.

Hey Michael, awesome that you’re diving into mobile home parks early!

Hi BP Friends - Are there any due diligence lists or calculators I can use for analyzing MHP? Thanks,Chi

When you combine the stable, predictable cash flow that MHP investing provides with the tax benefits, it's easy to see why higher net worth, sophisticated investors choose mobile home park investing over MF, self storage, parking or many other asset classes. 

We can close once it meets our criteria.Here is our buy box:* Single-family house* No duplex* No land* Mobile home is OK* In flood zone C or X* At least 3+ bedroom house* Living area >=1000 sq

Hi Joe, Hope all is well Are you looking for a lender to finance the entire park or the mobile home itself?

I've attached a screenshot of the letter of approval and a link to their website.

The way these lenders work usually is that there is a Loan Officer out front who on boards you and they are your "rep" for the loan, then that loan officer has a processor who will gather what is needed from you to complete the loan file for the Underwriting team which is a totally separate department and then they do their thing and then when it comes out the loan is voted on by the committee who has final say for approval. 

From there, you can compare the stability of a long-term rental with the faster equity-building potential of a BRRRR or the lower-cost entry of a mobile home investment.