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Updated over 6 years ago on . Most recent reply

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Wesley Johnston
  • Clay Center, KS
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Advice On the Specifics of Selling mobile Homes in Kansas

Wesley Johnston
  • Clay Center, KS
Posted

I am currently trying to purchase and flip my first mobile home, but have questions relating to the sales of that mobile home. 

A few things to note, any legal advice/recommendations would be for the state of Kansas, this is my first Deal, and I am very open to any help I can get. 

My question is: when Selling a mobile home on payments, what is the most simple way to do it? Would a Rent Credit system, Rent-to-own, or Seller Financing, be more straightforward? Or is there an easier strategy? 

The main hang ups are: I don’t have a lot of capital to spend on legal fees before I do 1 deal, BUT, I don’t want to run into serious problems on my first deal just because I didn’t know about a legal problem.

Also, do I need insurance during the process of buying, rehabbing, or selling a mobile home, and if so, what kind(s)?

Any advice would be very much appreciated, 

Wesley Johnston.

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