How can I make this Lonnie deal work??

[Peter Haymond]

My friend found a guy selling his double wide for $15k. He got him to bring it down to $7500, then to $3000, then he even said he'd be willing to take $100 a month...he just wants to move. Only negative is that the lot rent is $1400. (Ouch right? Santa Clara is a lot...where I live in Hayward it was 450-600 per month) I'm really considering getting it myself but I'm worried if I can't sell it then I can't afford lot rent payments. What do you think? I believe this guy is a real motivated seller.

If I could structure a security deposit (some legal form where he promises not to sell to anyone else for $100 bucks) and then maybe I could find a buyer on craigslist or the penny saver for $15k or something. What do you think??? I need help!

This could be my first deal but I don't want it to slip away. After looking at 5 mobile home parks, nobody was as motivated as this guy was.