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Updated over 1 year ago on .

User Stats

15
Posts
1
Votes
Thomas Yankovoy
  • Investor
  • San Antonio, TX
1
Votes |
15
Posts

Seller Finance deal, mobile home /w land.

Thomas Yankovoy
  • Investor
  • San Antonio, TX
Posted

Investment Info:

Mobile home note investment investment.

Purchase price: $40,000
Cash invested: $70,000

Purchased land and mobile home, entitled property, owner financed deal. 20% yield over 30 years.

What made you interested in investing in this type of deal?

Easy to find properties/deals.

How did you find this deal and how did you negotiate it?

SMS Marketing, in person.

How did you finance this deal?

Cash

How did you add value to the deal?

Added mobile home, cleaned up lot and cleaned up title/entitled mobile home to land.

What was the outcome?

30 Year note, 10% down with a 20% yield