The recently acquired 18-unit mobile home park and its 7-unit apartment building are predicted to be fully renovated and operational, generating significant cash flow, by the time mortgage payments begin after a one-year deferral.
"We're going to defer payments for a year while I fix the whole property up so I don't have to worry about mortgage payments. the trailer park cash flows quite a bit of money on its own without the 7UN building in the front. So, by the time I'm actually going to have to start making mortgage payments, um everything should be up and running and it should be a really [clears throat] really good deal."
