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Updated almost 13 years ago,
Lot Rental-Lonnie Deals
In Las Vegas, I"m seeing a lot of parks where the lot rental is in the 500 dollar range. The idea would be to get a down payment and carry the note. Would people really pay 500 for lot rental plus 200-300 for the note? It seems like if they can afford 700-800 a month on rent, they could afford other options.
Thoughts?
Thanks.