Background
Accredited Investor* Opportunity
Led by Chad Barker, Raleigh Funding Group, Inc. has been in business for since
2001 with a vision to provide home ownership to people who, because of credit issues
and depleted savings, cannot get traditional mortgage financing.
"What we're seeing is a crisis in affordable housing," said Chad Barker in a
recent speech before a small group of investors. "Lack of affordable homes forces
people to rent. The current credit crisis has made the situation worse.
"Statistics show that renters are more transient, while home owners are more
stable and take care of (and even improve) their properties, increasing the overall
wellbeing of a community."
Because of skyrocketing land and construction costs, the "last frontier" of
quality, affordable housing is manufactured homes.
As you're probably aware, the richest man in the world, Warren Buffett, made
huge investments in this arena, purchasing manufacturer Clayton Homes. If it is
good enough for Mr. Buffett, it is good enough.
Everyone Needs a Place to Live
Not only that, there is more demand than ever for affordable housing. When times
are good, home prices explode, and the little guy is left in the dust. There are
way more "little guys" in the world than people who can afford luxury condos and apartments.
That's what makes single family homes and especially mobile home parks such cash
cows. There is an unending supply of customers.
Recession Proof
It is arguable that mobile home parks are one of the most recession proof investments
out there. When times are bad, people start downsizing their living expenses, the biggest
of which is their home.
Mobile home in parks and manufactured homes on their own land provide the least
expensive housing where customers can have their own yard, privacy and ownership.
When you add it all up...
... it equals solid investments with great returns.