Financing Failures
Real estate leverage is an essential part of mobile home park investing. Without it you cannot hit the typical 20% cash-on-cash yield. However, what happens when the buyer uses the leverage improperly? In this fourth of our five-part series on “Lessons Le
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Show Notes
Real estate leverage is an essential part of mobile home park investing. Without it you cannot hit the typical 20% cash-on-cash yield. However, what happens when the buyer uses the leverage improperly? In this fourth of our five-part series on “Lessons Learned from Failed Parks” we’re going to examine how some mobile home park buyers set themselves up for failure by agreeing to lending terms that are impossible to conquer. If you want to keep your credit and your investment dollars, you’ll want to learn what these failures are and guard against them.