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Mobile Home Park Investing

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Gulliver R.
  • Rental Property Investor
  • Seattle, WA
145
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524
Posts

Lease option or Seller Finance?

Gulliver R.
  • Rental Property Investor
  • Seattle, WA
Posted May 31 2017, 12:34
If I own a mobile home park and I own one of the homes free and clear should I sell it using a rent-to-own contract (lease option) or sell it by using seller finance? If I do the seller finance route the terms would look something like this: Purchase price is $15,000, 10% down, 5 year term at 5% interest rate = $254.76 per month payment to me Thank you!

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