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Mobile Home Park Investing

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Gary Alford
  • Investor
  • Norfolk, VA
49
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164
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Help! Working a mobile home lead and I'm lost

Gary Alford
  • Investor
  • Norfolk, VA
Posted Aug 23 2015, 15:12

Hey BP fam, 

I came across a mobile home lead that is in a park here in Norfolk,  Virginia and trying to figure out how to work it.  I am a wholesaler but of course would love to get some cashflow going. My first thought was to wholesale it but lost on how to do that since it's a title not a deed and do not think i would use a normal contract.  

I know the norm for these are to buy fix up and sell on owner financing or rent it out.  Which would be great to do but i do not have the money to do so. I'm also lost on how to even figure out a arv for a mobile home in a park. 

 Please help me figure out my true options... should i refer it to someone else and collect a referral fee or maybe search for someone to get the money from to buy and fix.  Any information,  guidance,  interest or help would be greatly appreciated.  

Gary

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