Off market deal · The MHP Pros Mastermind

Off market deal

So I have an off market deal pending, here are a few issues I'm having.

The deal works with owner financing as a POH
I'm raising the capital for this which I'm good with
The guy I'm going to partner with wants the maximum cashflow from the POH and doesn't want to make an offer based on turning them to TOH, but keeps saying we can switch them to TOH down the road

Which somewhat creates the issues.

If we keep them as POH, it will be life changing capital coming in, however we will likely be unable to refinance the asset to pay off the owner and my investors.

Both ways I've structured will get the owner to about 1.97M

I need to have both ways ready to send to my potential partner on Monday.

The other issue is the owner of this park is my potential partners family which may cause certain problems

I also belive my potential partner thinks that this will not be a lot of work for both of us.

Can someone give any input, I'm open to having a call with anyone to discuss. Richard@annmariemichaelgroup.com or cell 845-542-2302

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