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Updated over 9 years ago on . Most recent reply

User Stats

89
Posts
12
Votes
Daniel Warren
  • Crossett, AR
12
Votes |
89
Posts

2014 lonnie deals

Daniel Warren
  • Crossett, AR
Posted

i know this has been discussed on here plenty of times before and I'm almost positive I have read every post. I'm still just as uninformed as I was before. Reading lonnies books and starting to research the subject is what initially lead me to BP. I have read several opinions on how crappy they think these laws are or how they are going to ignore it etc etc. My question is this: i have a Mh. I want to Lonnie deal it. What do I need to do for a legal seller financing transaction? Thanks!

Most Popular Reply

User Stats

410
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292
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John Fedro
  • Investor
  • Austin, TX
292
Votes |
410
Posts
John Fedro
  • Investor
  • Austin, TX
Replied

Hi all,

Some great advice given so far. Having a fun time following this thread

@Daniel Warren I would agree with everyone that has already said that Lonnie Deals are over. At least the way we are all familiar with them. Consult your local DMV, manufactured housing division in your state, and talk to them about licenses in your state regarding financing and the purchase/sale of mobile homes in your state. You will get passed around to many different branches and you will learn a ton.

@David Kauzlaric thank you for the shout out.

@Bill Gulley (With humble respect I say the following) Once again I laugh at your posts placing your foot in your mouth speaking about things you preach to understand and do not. I have no doubt you are knowledgeable about Dodd Frank and other acts, however do not pretend that we have talked and you understand what I teach. Do not pretend that you have an idea of how I help people or how my deals are structured. Do not pretend to know that I am in communications with every states' manufactured housing division and run my procedures past them to confirm they are legal in each state. I say in all humble respect that you preach about others you do not know wrongly. You condescend others and I pity your seemingly low self esteem.

Bill, when it comes to giving advice you may wish to begin by thinking what is best for the person asking the question. Give actionable feedback that will help them gain clarity and don't worry about making yourself feel like the man. Stop simply promoting Ken's program and information, which are great from what I have seen by the way, and cursing everyone else who is knowledgeable and aiming to help. I do agree that @Ken Rishel is a great source of information and guidance for anyone interested.

I feel sad for you Bill and your constant attempts to scare investors and belittle them with the limited about of info you know. Again the info about certain subjects is great but you seem to group everyone beside Ken and yourself as untouchable experts in the field. Bill I truly hope you stop your bitter ways and start helping more people than you are condescending. This is starting to feel like high school, stop with all the drama and just talk/type like an adult. We are all here to learn and grow together.

Anyone reading this should be forewarned to not heed anyone's advice except from your own state. Don't take my word, don't take Bill's word, and don't take Ken's word. Do the research for yourself and take the steps needed to invest safely and actually pull the trigger in your own investing business.

All the best,

John Fedro

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