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Updated about 2 years ago,
Mobile Home rehab done during the holiday
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!