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Updated almost 9 years ago,
help about buying a mobile home park.
Hi. I'm talking with a guy about a mobile home park he is selling. It's a 32 lot. 15 lots are rented. He said They all own their mobile homes. Rent is currently $150/ month.Selling for 188,000 and give me a land contract offer. I am a new investor. I checked liens at court house and there is a state tax lien for 10,000 from November and a judgement lien for $2800 from April 2011. She said thats what she sees without really digging. Owner said there were no liens but the mortgage which he plans on paying but hasn't given information about. I will try to add land contract offer.