FHA207m,FHA207(m),Manufactured Home,FHA221d4,FHA221(d)4,mobile home park
          Consultants Resource Group, Inc.
 
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Welcome to our website. 

For a comparison of the new (June 1, 2009) FHA Title I program compared to the

FHA Title II program, go to Title I vs Title II go to FHA-Compare

Check in often!  We continually update with the latest in community development information. 

Last update:   August 25, 2009

If you are a community owner, go directly to Buy-Sell MHPs

Consultants Resource Group, Inc. provides professional services to owners-developers-investors of communities using manufactured housing home products (HUD Code homes, or Modular Codes)* .  Including:

  • M/H land lease communities (mobile home parks),
  • M/H cooperatives & m/h condominiums               
  • M/H sub-divisions, individual single lot placements
  • RV parks & resort condominiums                         
  • Single family detached/attached apts using m/h      

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We also provide ancillary services for established clients, including but not limited to:

R.E. Brokerage, specializing in properties with "upside" potential:

  • vacant entitled and vacant unentitled land,
  • partially built communities,                       
  • partially filled communities,                      
  • communities with high vacancy rates,       
  • communities with "obsolete" home-sites.  

Mortgage Brokerage, specializing in FHA guaranteed loans

Loan Packaging,

Market Demand Analysis

Project Economic Feasibility

Home Product Selection

Acquisition Due Diligence

Manufacturer Selection/Negotiation

* U.S. factory built homes which comply with the National Housing Act of 1974 (built after June 1976) which codes pre-empt state or local building codes for installation on m/h zoned sites, or U.S. factory built homes which are built in compliance with BOCA, UBC, SBCC, or UBC codes for installation on single family housing residential zoned home-sites.

Important Note: 

Recent problems with the availability of viable chattel mortgage financing programs for home buyers in land lease communities, has greatly diminished developer interest in building new communities.  However the market demand for new homes by sub-par  residents (those not qualifying financially for new residential housing) remains high in many market areas of the country.  An alternative housing resource for them, is the development of communities with all-rental units, which are managed as SFD/SFA (Single Family Detached and Single Family Attached) apartment projects.  High leverage (up to 95%) non-recourse, low interest, long term (up to 40 yrs), fixed rate, loan guarantees from HUD may be available for qualified projects

For more information click on the SFD Apts tab.

Community Development Marketing & Economic Consulting Services

  • HUD Code Homes in Sub-Divisions
  • HUD Code Homes in Land Lease Communities
  • Single Family Detached Apartments using HUD Code Homes
  • Modular Homes in Sub-Divisions
  • R.V. Communities in Resort Areas

We also assist developers, investors, home builders with:

  • FHA 207(m) 40 Year Guaranteed Loans for Land Lease Community Development
  • FHA 221(d)4 40 Year Guaranteed Loans for Single Family Detached/Attached Apartment Community Development
  • Product/Home and/or Manufacturer Selection
  • Site Selection Analysis

Packaged Client Services include:

  • Market Demand Analysis
  • Market & Economic Feasibility/Due Diligence Studies
  • Business & Marketing Plans
  • Pre-Tax Cash Flow Analysis using Proprietary Templates
  • Home Product/Manufacturer Selection and Negotiation
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"Successful community development starts with an objective, third party analysis of market and economic conditions in the context of target residents, and the developer's management and financial resources".   Edward Hicks, President since 1981

He adds . . . "Don't get so tied up with zoning & land use issues, engineering & design, contractor selection and project management that you forget your first objective is to attract qualified buyers to your community, and provide a way for them to finance their purchase."  "Developing/building your new community may be the easiest part, filling/selling it out may be the most difficult.  Remember, un-like the "field of dreams" if you build it , they will not necessarily come . . . unless you have a well thought out plan to tell them about your community.                                                                                                                    

Mr. Hicks is a Licensed Mortgage Broker, and a Licensed R.E. Broker, co-author of "Development, Operations & marketing of Manufactured Housing Communities" John Wylie & Sons, NY, NY, popular columnist "Ask Eddie" for the Journal of Manufactured Housing, past VP of the California Mobile Home Dealers Association, and past committee chairman of the California Association of Realtors Mobile Home Committee. 

 

Click here to contact us   

Click here for other M/H industry links 

Consultants Resource Group, Inc.

PO Box 2795, Brandon, FL   33509

(813) 661-5901 Office,

(813) 661-3339 FAX