Mobile Home Park Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Free Mobile Home - Indianapolis, Indiana - HELP
I'm a wholesaler in Indianapolis and run some digital marketing and mailers. I had someone call today who owns a 1984 trailer that they bought for $1k and they fixed it up to be livable.
He has a lease with a 30 day notice to vacate, month to month.
He has agreed to sell the trailer for $1 (yes a single dollar) if I can take over the title and thus the lease. He just wants to leave and doesn't have a way to move it.
Problem
I don't invest in mobile homes and know very little about it.
Opportunity
He wants to essentially give the trailer/mobile home away for free. There seems to be money to be made here.
Ask
Does anyone have any advice on how to go about this possible deal? Does anyone with more experience want to JV on the deal or simply pay my company a fee assuming we can get the title signed over to you?