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Carlos Cueva's profile image
Carlos Cueva's profile image
Carlos Cueva
  • Wholesaler
  • from Long Island City, New York
  • Member since Jun 10, 2016
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Carlos Cueva's profile image
Carlos Cueva's profile image
Carlos Cueva
  • Wholesaler
  • from Long Island City, New York
  • Member since Jun 10, 2016
Connect
Carlos Cueva
  • Wholesaler
  • Long Island City, NY
1
Votes |
8
Posts
Mobile Home Park Investing

Mobile Home- Owner Financing

Carlos Cueva
  • Wholesaler
  • Long Island City, NY
Posted Jun 27 2016, 08:32

Hi All,

I am an investor in PA that owns a Pre-Manufactured Home. I have a seller that is interested in the home but would like to do Owner Financing. I am into the home for 14 K. The selling price is 20K. The land rent is 650/month. Total taxes are 1,700. 

 This is the first time considering this option. Is there any specific terms or numbers I should look for? How many years? What amount for the down payment? etc? 

Thank you in advance.  

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