Advice

[Donald Harris]

Hello, fellow investors I have a client who wants to get rid of his mobile home. Here is the scenario, the asking price is $,30,000 he owes $30,000 the seller's estimated value is $60,000-$70,000. The rate is 9% his monthly payment is $1,780 that includes everything the lot space, PITI. The size is 24 by 60 3bed-2ba, the size of the park is 300+ mobile homes, double-wide, amenities are pool, Jacuzzi, club house, basketball court, tennis court, putting course, gym, street is paved, pets are allowed, security 24 hours.