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"How do you buy an RV park with no money?" ㅤ 🚌 Comment or Dm me "PARK" and I'll send you a free resource breaking down how you can do this. ㅤ I get this question all the time. This RV park in Montana was a subject-to deal. ㅤ The seller had an SBA loan on the park. So we took it over subject-to: meaning the loan stayed in place and we took it over. (Most people have no idea that's possible.) ㅤ The money needed came from my private money lenders. We took the entire first year of cashflow and paid those lenders back in full. ㅤ So today the lenders are paid, I used zero of my own cash, and I'm the only owner on the park. ㅤ That's what "nothing out of pocket" actually means. A structure that pays everyone back and leaves you holding the asset. ㅤ And how do I know a park is even worth buying? NOI. Net operating income. That's what tells you what the park actually earns after expenses and it's how every one of these deals gets valued. ㅤ 🚌 Comment or Dm me "PARK" and I'll send you a link to ...
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