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Updated over 4 years ago,
Putting an offer on a lot rent MHP.
I want to put an offer on a small lot rent only MHP. It is a dirt road with trailers parked in dirt. It could use a ton of upgrades. Each of the residents is paying $600/mo. Great profit but potentially large costs. How do I attract owner financing? The park is priced at 100×monthly rent. How should I word my offer?