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Updated about 2 years ago on . Most recent reply

User Stats

42
Posts
23
Votes
Latoya Gordon
  • Investor
  • Atlanta, GA
23
Votes |
42
Posts

Mobile Home rehab done during the holiday

Latoya Gordon
  • Investor
  • Atlanta, GA
Posted
Investment Info:

Mobile home wholesale investment.

Purchase price: $5,000
Cash invested: $6,000
Sale price: $35,000

Driving for dollars mobile home deal. The seller did not want the property due to bad timing and wanted to move away with no dealings. Connected him with one of my investors, seeking a property in the area. This deal was right on time, and was a smooth process. Project took less than 60 days to complete.

What made you interested in investing in this type of deal?

Helping another investor find a great deal.

How did you find this deal and how did you negotiate it?

Driving for dollars, motivated seller.

How did you finance this deal?

Cash buyer, All in.

How did you add value to the deal?

Investor rehabbed property, putting in new flooring and painting sidings

What was the outcome?

Sold in 24hours!

Most Popular Reply

User Stats

3,716
Posts
525
Votes
Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
525
Votes |
3,716
Posts
Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
Replied

Nice work

Any idea what the investor plans are for the property 

rent to tenant?

seller financing to end buyer ?

marketing wise : direct marketing lead , bandit signs, etc ?

Otherwise cool beans for this deal

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