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Updated about 3 years ago on . Most recent reply

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Blake Andrews
  • Wholesaler
  • Lancaster, PA
2
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10
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Wholesaling a mobile home in a park

Blake Andrews
  • Wholesaler
  • Lancaster, PA
Posted

Hello!

So I have a seller who owns a Mobile home in a park. We’re planning on meeting next week to sign the assignable purchase agreement. This is my first time doing a deal involving a park. I know the state views the mobile homes as vehicles, so will the closing process be different once I find a buyer?

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
66,022
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied
Quote from @Eliott Elias:

No investor is going to take that deal, unless the land is included. Mobile homes hold no value. 


Google Lonny deals..  MH investing in parks is very active in many markets.. and for sure they are not valueless. 
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JLH Capital Partners

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