Mobile Home Number One

[Lance A White]

Investment Info:

Mobile home buy & hold investment.

Purchase price: $6,500
Cash invested: $6,500

This is a turn key property that will be moved to a different mobile home park.

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

It's cheap

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

Talked to mobile home park management

How did you finance this deal?

Cash

How did you add value to the deal?

Washer and dryer.

What was the outcome?

We will be renting it to tenants who needed a larger place.

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

No