Wholesaling cabin on rented land

[Derek Fonseca]

Hello all, new to the wholesaling game. Would I be able to wholesale a property (Cabin) that is renting the land that the structure sits on? 

[Matt Pursley]

I don't see why not. If the ownership of the house is different than the land owner then it functions just like a mobile home. You can buy the mobile home in cash, but still have to pay the land owner. As long as the land owner is collecting their income, I don't know why it would be a problem. Is there a lease that the land owner has that would need to be updated? Make sure the Land owner has all the legal documentation they need. 

I should say, I'm not an attorney and do not know anything about Utah law. So asking a local attorney would always be a better option for you. 

[Rachel H.]

@Derek Fonseca If there's a market for the property and buyers are willing to pay, you may be able to wholesale the cabin. I've seen this done several times in my niche of mobile home investing. Though, there has to be a market for it with buyers looking for the type of properties you have on the market. Hope that helps!