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Updated over 12 years ago,
Wholesaling a MH Question. Please help!
I am new at wholesaling and have been searching for a motivated seller. I came across a guy in North San Diego County where I live that is moving out of state and asking 85K for his mobile home and says it is worth 186K and some change based on the sales of others in the mhp. He owes 71K. Is there any reason I should not quickly try to get this under contract and flip it to a cash buyer? The 100K spread looks good to me. Can someone help me to understand what I am not seeing or should be careful about?