Help us improve! Want to add/change something?
AIRPORT MHP
Upcoming: May 2025 - $2 Million total expected profit within 1 year
Property Details: 55 units total.
Purchase Details: Buying with InvestmentJoy, 130% financed, buying for only 10% of park value due to complex legal nature.
PINEVIEW COMMUNITIES
Closed Aug 2024 - $8 Million total expected profit within 5 years
Property Details: 7 Mobile Home Parks, 111 units total.
Purchase Details: $2.1M total: 35% Bank Loan, 47% Seller Finance, 19% Assumed Mortgage, 28% Private Equity. 129% Financed.
LP Capital Group
(Partner)
RIVERSIDE MHP
Property Details: 33 Units Mobile Home Park
Purchase Details: $650K total: 95% Seller Finance + 5% Hard Money Loan + 3% Private Equity. 103% Financed.
COLONY FARM
Closed May 2024 - NEGATIVE DOWN (Got cash back at closing)
Property: 35 Units Mobile Home Park
Purchase Method: Bank Loan + Seller 2nd Carry, $0 down
LP Capital Group
(Partner)
PERCIVAL PARK
Property: 13 Unit Mobile Home Park
Purchase Method: All-Cash, $520K. Got loan for 104% of price.
After Buying: Added over $300K equity in less than 30 days.
UPDATE: Listed for $850K less than 1 year later
BSP - KENTUCKY
Closed Sep 2023 ($335K Price, $0 down).
Property: 11 and 18 Units Mobile Home Park
Purchase Method: Contract for Deed and 120% price
After Buying: All evictions, crime, and repairs solved in less than 75 days. Appraised for $800K in October 2024.
PEACHTREE PARK
Property: 51 Units Mobile Home Park
Purchase Method: Bank and Syndication ($900K) - sold for $1.25M
After Buying: $5K to $15K in monthly collections in under 4 months.
SMALLER PROJECTS
LOUISIANA MHP
Property: 53 Units Mobile Home Park
Purchase Method: Seller Financing
Wholesaled for $50,000
CARROLTON MHP
Property: 38 Units Mobile Home Park
Purchase Method: Seller Finance
Wholesaled for $80,000
LAURA LANE
Closed Nov 2024 - 30x on cash immediately
Property Details: Single Family Home.
Purchase Details: About $56K in equity on day 1. House worth ~$200K as-is, ARV is $255K if we rehab. Bought for $142K and about 1% down (a 3,093% return).
DOSTER
Property: SFH
Purchase Method: 7% Down, 0% Interest Seller Financing
After Buying: Quick rehab, Section 8 tenant added. Between equity appreciation. principal paydown, and rental income, this generates at 200%+ annualized
FAIRVIEW
Property: 5 Unit apartment building (duplex + triplex)
Purchase Method: Seller financing 12% down
FREEMAN
Property: SFH
Purchase Method: $180K, Bank
After Buying: Full rehab ($90K), sold for $325K
GAWIN
Property: SFH
Purchase Method: $100K, Bank
After Buying: $35K Full rehab, $35K profit
HENDRIX
Property: SFH
Purchase Method: $42K, Cash
After Buying: Renting for $700/m (approx 16.8% cap)
PATTON
Property: SFH
Purchase Method: $31K Cash
After Buying: relisted and sold for $41K four months later (wholetail strategy)