North Dakota Rental in the Bakken Oil Fields.

[Dan Carroll]

Investment Info:

Mobile home buy & hold investment.

Purchase price: $30,000
Cash invested: $32,000

3 bedroom/ 2 bath 1280 sq. ft. 2012 single wide home on 120 x 150 lot.

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

Great CoC ROI

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

Asking around in the local town as to how might want to sell a rental.

How did you finance this deal?

Cash

How did you add value to the deal?

Finding tenant.

What was the outcome?

Great long term rental.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Purchased direct from buyer.