Updated almost 9 years ago on . Most recent reply
please evaluate this deal, missing some exact costs still
Midwest park, 50 spaces, 40 TOH, lot rent 245, two wells and package sewer plant. no room for expansion. asphalt streets park owned, mostly outdated-older homes. taxes around 6k/year. built around 1970. still working on DD. seller willing to finance at 6%. advertised at 1.1 million. 30 miles to major metro area. apartment rent is 2br $700. a lot of government assisted rent in this area. I can take the pain.....give me your thoughts. and Thanks in advance! Only read to "day 4" of Frank 30 DD, but finishing it soon.