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The estimated installation cost includes the following*:
Notes:
Add for concrete If a concrete foundation (slab or crawl space) is required, add an estimate of $10 per Sq Ft of home to this price guide (if you don't have an actual quote)
Add for skirting (Not needed if home is on a crawl space)
Add for A/C if not an option included by your manufacturer
Typical Investor funded projects
EXAMPLE # 1
Project Cost $160,000
Includes Land (40,000) + Home (90,000) + Home Installation (30.000)
LESS Buyer Down Payment (20,000)
Balance 140,000
Management fee (10% of balance) 14,000
Investor capital (70% of balance = 61% LTV) 98,000
Home Nation capital (30% of balance) 42,000
Net to Investor at Buyer’s loan closing in
approximately 90 - 120 days
(50% of Management fee) $7,000
EXAMPLE #2
Project Cost(See VA loan pre approval here) 267,000
Less Buyer down payment (1,000)
Management fee(@10%) 26,000
Investor capital (@70% = 63% LTV) 187,000
Home Nation capital (@30%) 80,000
Net to Investor at loan closing in
approximately 90 - 120 days
(50% of Management fee) $13,350
AFFORDABLE HOUSING INVESTMENT PROSPECTUS
Please email Invest@HomeNation.com to request a prospectus of investment opportunities at Home Nation. Regrettably, we are only permitted to offer our investments to accredited investors at this time.
You may also be asked to sign a NDA (Non Disclosure Agreement) and an AAI (Affidavit of Accredited Investor Status) form.