I never thought of a mobile home park as a "flip." I have flipped apartment buildings, SFRs, and some small commercial buildings over the years. I guess you can flip just about anything that you can buy right.It's been hard to find good information on it but how do you operate differently after the SAFE Act? I've been scouting the local MH parks for some good deals and am hoping to make a couple flips.
I'm just not sure how liquid a mobile home park would be. And what would the market period be? What about the financing? Are you expecting the cashout or are you going to carry the paper? (That was a disaster for us when my parents sold and they carried the paper. That's how I ended up coming to Alaska and taking ownership in my park.) The real question is -- how deep is your investor market in your target area?
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