2 for 1 Deal ----- we did it!!!!
:lol: Found a deal. 2 properties for 1 money. Checked around for property values etc..... The properties are side by side mobile/land properties --- 4 properities from lake with lakeview from front porch. Seller wanted $28K for both properties -- needs rehab. Signed contract for owner finance $8k down $300 month 7 years (through pay-off) no prepay penalties. Only 20 minutes from where we live. Property 1 ARV $54K (lowend) Property 2 ARV $65K (lowend) ---- Combined repairs $12K (DIY). Was very nervous to call sellers listing agent and ask for owner finance; but ohhhhhh so glad I got the nerve :wink:
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Are things selling well in your park? Do you own your trailer free and clear? It would be nice to seller finance your trailer to get a better price and sell faster.