I am looking at a small park (10 lots) where 5 lots are RV spaces and 5 lots are park owned mobile homes. I'm talking to the owner about seller financing with a low down payment (~90% LTV) and likely 5-7 years before a balloon payment. My question is if I will have a very difficult time refinancing out of this when the time comes because from what I understand, bank lenders only count lot rent and since it's a 50/50 mixed use park between RVs and MHs, they may exclude the RV income entirely. Is this true?

Welcome to the first weekly update. Each week I'll walk you through new tools, mastermind/course updates, and what's in the pipeline. 🔧Lowe's Partnership Launching this week! @Collin Campbell, our dedicated Lowe's national sales rep, is now in the community. As a paid member you're getting: → 5–10% off all purchases across all of Lowe's → 100+ item contract price list of the most-used MHP items at deep discounts — stacked on top of that 5–10% → Direct access to Colin for support — tag him anytime Next announcement will show you how to link your Lowe's commercial account to our group pricing. 📊New Resource: Infill Cost & ROI Calculator Built out a full calculator so you can model what it costs to bring a home into your park and what your return looks like. It covers: → Purchase costs — includes real pricing on Clayton's new Tulip & Buttercup models and FEMA homes → Home setup CapEx — footers, leveling, tie downs, skirting, stairs/deck, refurb, installation → Land improvement CapEx — electric, water/sewer, pad prep, gravel → Affordability index — plug in median household income and see if your total tenant cost actually works → ROI across four sale types — RTO, chattel, rental, and cash sale with full breakdowns Big takeaway from the walkthrough: chattel gets your capital back immediately so ROI jumps significantly vs. RTO. Rental shows the lowest ROI since you're not recovering anything upfront. I'm tagging @Caleb Hogan , @Ryan Narus , and @Kyle Grimm to add regional cost estimates so we can build a fuller picture. If your numbers look different, drop them in the comments. 🏠 Clayton Reps in the Community @Kayleigh Underwood and @Mike Niebauer from Clayton are both here.

Just dropped a new tool! The Infill Costs & ROI Calculator! This spreadsheet helps you model out the FULL economics of adding homes to vacant lots in your park: What it calculates: • Total home purchase costs (base price, options, shipping, taxes) • All CapEx line items (footers, block & level, tie-downs, skirting, deck, refurb) • Land improvement costs (electric, water/sewer, pad prep) • Market affordability analysis using your local MHHI • RTO vs Chattel financing scenarios • Complete ROI projection based on your hold period Pre-loaded with real examples: • Clayton TULIP (2bd/1ba, 12x48) • Clayton BUTTERCUP (1bd/1ba, 12x36) • FEMA units The math accounts for lot rent NOI, home rent income, tenant payments, and capitalized exit value at sale. How to use it: 1. Make a copy (File > Make a copy) 2. Plug in your actual costs and market rents 3. Adjust the hold period and exit cap rate 4. Compare RTO vs Chattel returns Stop guessing on infill deals and run the numbers.

Do you think there will still be an opportunity for individual new investors to purchase mobile home parks in 10 years?

$325k PP 5% Down, 20-year Loan 5% Interest Total Rental Income Current:$2,550 a month $2,039 Payment to Seller every 17th of the month. 7 Pads 3 TOH=$400 per pad 2 POH=$950 rent plus $400 rent for other 1 Abandoned/Maybe tear down 1 Empty Pad Plans are raise lot rents, clean up park, infill new home, replace abandoned home or fix up. Potentially buy park touching it. To combine to a total of 13 pad park. Public Utilities, Direct Billed City Metered Water to each pad!! Negatives: Creek runs through it, no flood zone. Didn't get washed away in Helene like 5 other parks did within a 1.5 Miles of it. Part of the park has to go over the creek and little culvert and not paved. Its below a railroad track, the back part of it has a railroad that is on a bank behind/above it. The railroad has a 45 foot right away, but it will likely never be affected. Road to it, even though in city limits, is not paved by the town. Nor is the road in the park. See the park Instagram-Connorinparks