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Updated about 10 years ago,

User Stats

143
Posts
36
Votes
Justin Escajeda
  • Contractor
  • Pittsburgh, PA
36
Votes |
143
Posts

Cannot Complete a MOBILE Home Park Deal

Justin Escajeda
  • Contractor
  • Pittsburgh, PA
Posted

In the last year, I have been avidly trying to buy a mobile home park, I have had 2 (out of the maybe 40 that Ive spoke with owners) that were making progress.  One, the seller and I came to an agreement on price, and literally 2 days later she back out before we signed an agreement.  I came to fine out, a large company came in and offered her SUBSTANCIALLY more than we had agreed upon.  The other park that I was making progress on was put under contract while we were negotiating, and it was the same kind of company.

My question is, when I am dealing with these mom and pop owners, what else can I do to persuade them to sell to me (always looking for owner financing too), when there are these larger companies that can blow my offer out of he water. 

I try not to get discouraged, but I am just seeking alternative methods in getting them under contract I suppose.  Thanks

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