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Updated about 6 years ago,

User Stats

630
Posts
377
Votes
Ed Emmons
  • Specialist
  • Milford, ME
377
Votes |
630
Posts

Mobile home on 5 acres

Ed Emmons
  • Specialist
  • Milford, ME
Posted

Investment Info:

Mobile home other investment.

Purchase price: $14,000
Cash invested: $14,000

Mobile home on 5 nice but garbage filled acres. I’m moving the home to one of my parks and then I will sell the land and either rent or lease option the home

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

Large upside

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

Another wholesaler contacted me

How did you finance this deal?

Cash deal

How did you add value to the deal?

Cleaned up the property for resale and the home will be worth more than I paid for both once it is rehabbed.

What was the outcome?

In process