Cannot Complete a MOBILE Home Park Deal
In the last year, I have been avidly trying to buy a mobile home park, I have had 2 (out of the maybe 40 that Ive spoke with owners) that were making progress. One, the seller and I came to an agreement on price, and literally 2 days later she back out before we signed an agreement. I came to fine out, a large company came in and offered her SUBSTANCIALLY more than we had agreed upon. The other park that I was making progress on was put under contract while we were negotiating, and it was the same kind of company.
My question is, when I am dealing with these mom and pop owners, what else can I do to persuade them to sell to me (always looking for owner financing too), when there are these larger companies that can blow my offer out of he water.
I try not to get discouraged, but I am just seeking alternative methods in getting them under contract I suppose. Thanks