Info

Mobile Home Park Investors with Jefferson Lilly & Brad Johnson

The Mobile Home Park Investors Podcast is the world’s first podcast dedicated to mobile home park investing. This weekly podcast explains the intricacies of this unique real estate niche and details why an investor would want to own a mobile home park, either directly or through a real estate fund. Current manufactured housing community owners will find this podcast helpful in improving their mobile home park’s operations and profitability. The Podcast is hosted by Jefferson Lilly and Brad Johnson who are the co-founders of Park Street Partners, a private real estate investment firm focused on mobile home parks. The company seeks to deliver its investors superior cash flow returns by acquiring and investing in undervalued mobile home parks. Park Street Partners does this while helping to solve America’s affordable housing crisis by improving communities and increasing the supply of housing in the markets it operates in.
RSS Feed Subscribe in Apple Podcasts
Mobile Home Park Investors with Jefferson Lilly & Brad Johnson
2019
February
January


2018
December
November
October
September
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December


All Episodes
Archives
Now displaying: Page 1
Feb 23, 2017

Welcome to episode 47 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Jefferson and Brad continue their discussion about CMBS financing, and outline what you need to know before you get one! Be sure to listen to last week’s episode to get caught up to speed.

 

Key Takeaways:

[2:15] What third party documents/reports do you need in order to apply for CMBS financing?

[5:45] What do you know about zoning restrictions/requirements?

[9:55] Brad has never seen a survey done for CMBS under $10,000.

[10:35] You're going to need a minimum of 45 days to get the loan done.

[12:00] Tip: Plan for margin of error.

[12:50] What does the seller need to know, if the buyer is applying for CMBS financing?

[15:30] How do you find out what interest rate you’re going to be paying?

[20:00] Remember, you want to be sure you have enough money in order to see the loan through. It can be expensive and time consuming!

[21:30] Brad does a quick recap.

[24:45] With a CMBS loan, you can’t just ‘pay it off,’ like any other loan. Brad explains further.

[30:00] If you’re a fix and flip kinda of guy, then this is not the loan you should have.

 

Mentioned in This Episode:

Park Street Partners www.parkstreetpartners.com

Mobile Home Park Investors www.mobilehomeparkinvestors.net

Investment Opportunities

Park Street Partners Business Resources

LinkedIn: Mobile Home Park Investors Group

Send deals to: deals@parkstreetpartners.net

0 Comments
Adding comments is not available at this time.