Mobile home parks are the scapegoats of the commercial real estate investment world. Perhaps one of the reasons why most investors ignore this lucrative asset class, other compared to obvious eye sore reasons and the negative connotation associated with mobile home parks, is because they believe it requires an excessive amount of up front cash and a personal income statement well above their refers to. This might be true if you were trying to finance your property through a large bank, however many mobile home parks are purchased with much when compared with 20% down along with little financial reserves in the traditional bank. These parks are purchased through owner carried notes.



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Unfortunately, the brand new high failure rate most recent restaurants, best of luck finding one who's in order to give you' loan! My advice would be to hooked up a grill in a public area and sell hamburgers an entire day. Save money until you really can afford a cardboard box. Then grow following that!