Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

1,254
Posts
425
Votes
Steven J.
  • Urbana, IL
425
Votes |
1,254
Posts

Mobile home, buyer, and park are almost lined up!

Steven J.
  • Urbana, IL
Posted

@John Fedro and other mobile home investors - I might be moving on my first mobile home deal! About an hour ago I as going to ask a simple question in regards to how might getting approved in parks works. I presume that many times I need approval first and then my end buyer needs approval too to live in the park.

Well, lucky me. I got a call from a buyer who wants a specific home but doesn't have the money for it. I explained how I can help out and he told me who to call about the home so I can purchase the home and finance it back to him. For whatever reason I didn't have the realization I'm his private money lender without either one of us using that term. 

I'll be meeting with the park owner in half an hour to discuss how this situation would work. I'll be the guy that offers up the money and seller finance it back. Might not be a huge cash flowing deal but at least its an open door at the moment!

Loading replies...