Thanks for the reply Greg:All the mobile homes I have seen are on land and I havent gone as far as had a realtor run comps, the comps are preliminary and from Zestimate but the asking price for these homes are so much below the zestimate values that its ridiculous..

I'm also doing a lot of preliminary work such as re-wiring my thoughts and discipline myself.

Preliminary sale estimate from my real estate agent suggests that it could sell for 315k, but with commissions (6%) and fees, I'd be left with $292k (3 k less than what I paid for the home : $295k).

This is a typical lease term.The preliminary purchase price is set in the L/O.

So it really depends on your county recorder and their staff.And keep in mind I'm talking about doing more of a 'preliminary title search' that helps get you started in your pursuit of a particular deal.

Ask him to get a preliminary title report or abstract to confirm who are the owners of record. 4.

Don't worry, these 12 hours will be spread over the course of a month.Of these conversations only 25% will warrant further investigation and if you have everything set up, you should be able to do some preliminary numbers on a property within 30 minutes (assuming you're not interrupted by kids, work, etc.). 6×30 minutes is three hours.

It could be that the contractor has had enough experience in recent years as far as what an engineer would require in a scenario similar to yours, and could base a fairly accurate preliminary estimate off of that.

Let them know you're not there to rip them off...and mean it.Check out Brandon's "Ultimate Beginner's Guide to Wholesaling" here: http://www.biggerpockets.com/renewsblog/2015/01/31...There's a section addressing exactly what you're asking about as well as all the preliminaries and basics on wholesaling in general.Good luck!

Beacon is a great area that has experienced a revival but I'd wager much of the initial push to bring Beacon back has worn off and it's beginning to settle.