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35 contributions to The MHP Pros Mastermind
New acquisition
Park closed this week in Hinesville, GA 29 pad with 22 occupied
New acquisition
1 like • 13h
Congrats, how's the new park doing? Making progress on filling the unoccupied pads?
Direct to Seller Deals
I have a couple of deals, and I wanted see if anyone has a buy box that fits the following, as they don't quite fit what we are looking for currently for us to run point on the deal: 1. 37/42 occupied, in 350k metro, in flood plain, $200 lot rent, , city w/s, all TOH, in KY/OH/WV corner. 2. NE OH/PA border area, 500K metro, WWTP/Well, $220 lot rent, 40 pads, 30 homes, 25 occupied. 5 POH vacant. 3. Southern KY, 30 pads, 20 occupied paying, $385 lot, all TOH, city w/s, must be a Master Lease with Option (we've done 10+mm of purchases with MLO's, happy to give advice, they can work well), room to raise $100 on monthly rents. I know pricing is important, and I haven't listed it, but I'm still getting more info from the sellers. If these fit your buy box and you have interest in learning more, shoot me a DM or email me at [email protected], thank you.
2 likes • 3d
Thanks for the in depth information @Miles Noland Seems to be a solid option. Is the price typically higher than current market value?
0 likes • 2d
@Miles Noland thanks for the reminder about lack of tax benefits.
POH private lenders
Is anyone having success getting private investors to put up money for POH/infill? What rate are you paying? We have been using banks for much of our infill but they require paperwork, origination fees, and high interest fees on a per home basis. I would rather get a private money lender at $100k-$1M and pay 7-9% interest, but the people I've been talking to want like 15% and that's just too steep.
2 likes • 3d
Would the loan be secured by just the POH or also secured by the land? Also wondering if a 2nd loan on the park might get a lower interest rate if you have to go through a bank.
2 likes • 2d
@Ferdinand Niemann For sure. Makes sense.
Commercial Line of Credit Options
I have some free-and-clear homes and was wondering if I could get a line of credit on them to have some quick cash at my fingertips for a deal. Does anyone have any suggestions or lenders I might explore? I'd prefer not to take a full loan and pay it back right away, and instead look for a pay-as-you-go line of credit.
3 likes • 3d
Yes, you can get Home Equity Lines of Credit on them and only pay interest when you use the money. I’d check local credit unions as they often can offer better rates.
LLC / Bank Account Order
Would I open a bank account under my main (WY) LLC or do I need an account for the park specific LLC? My plan is to have my WY LLC hold my IL LLC for the park I'm purchasing. I currently have the WY LLC set up, but want to avoid any extra LLC fees just in case this doesn't go through.
2 likes • 4d
@Michael Pansolini makes sense. For that Well’s Fargo account I’ve been using Zelle for that. Not the most efficient way. 😆
2 likes • 3d
@Rene Doyle Good idea!
1-10 of 35
Charlie Wang
4
34points to level up
@charlie-wang-2363
I’m a MHP owner and real estate entrepreneur.

Active 13h ago
Joined Jan 24, 2026
Camas, Washington
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