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Updated about 4 years ago,
Second Wholesale Deal
Investment Info:
Mobile home wholesale investment in Lone Oak.
Sale price: $3,000
This deal came from a referral from a seller that I found from Facebook Marketplace. I had built good enough rapport with the seller that he referred me to this homeowner.
I found a mover who wanted to purchase it. He handled the paperwork, fees, and I got my fee.
What made you interested in investing in this type of deal?
Everybody and their unborn children are in single family, so I knew that I wanted to look into something in a different asset class.
How did you find this deal and how did you negotiate it?
Referral from a seller. He gave it to me for free as long as I brought a dumpster out there to let him get his belongings out of the property.
How did you finance this deal?
No finance needed.
Lessons learned? Challenges?
Movers can be your friends when investing in mobile homes!