Questions

I'm looking to develop a tiny home community consisting of 4 tiny homes. I own the two lots and could use them as collateral. I also have amazing credit without any debt. I would rent the homes. I've done a test ad to feel out my market and it seems like it will be a huge success! I would prefer to maintain ownership of this community.

I actually just came across this article from Real Estate Crowdfunding Platform Patch of Land about how tiny homes are going to be very innovative and popular: https://patchofland.com/blog/growing-communities/2015/01/28/innovation-online-residential-real-estate-investing-patch-of-land/. In terms of the funding, Patch of Land focused on the debt side of the equation and usually focuses on fix / flips. You might be better off trying to raise equity for this type of construction through real estate crowdfunding avenues. Have you looking into those avenues for your funding?


Answered 9 years ago

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