- Rental Property Investor
- Lenoir, NC
- Votes |
Found a mobile home park which I would love to purchase for the estimated cash flow and low liability.
It's land only with lots divided out and 8 mobile homes in the park.
The seller is renting them for around $150/Month, but I think they could easily rent for $210/month or more ($1,680/Month).
The seller is asking $100K, but I feel she may accept less. I don't know how to go about finding financing for this deal as I'm a little cash strapped right now with another home. Any ideas/advice would be absolutely appreciated! :)