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Updated almost 12 years ago,
possible deal?
I'm a newbie here so please bear with me... I have a nice 1800sft 2001 double wide 3 bd 2 bath mobile home under contract. The title is clean and the owner wants to sell asap. The space rent is $650...located in a very nice park in the Imperial Valley of Los Angeles. Owner says she paid 75K and now it comps at 58K. It needs no work whatsoever, very clean. I got it under contract for 28K and would like to sell for $29,500. Owner also says she will carry paper with a decent down on a 4 or 5 year term. I just wanted to ask.... how do I market this one? I live 6 hours away from the area. Is this a possible good deal for me?
Thanks in advance for your advice.