Hey all, I am still a fresh baby in the wholesaling so I could use some help here: Seller owes about 20k on the mortgage, home is estimated at 102k, Seller is asking 112k.

The deals are there, they just need to be uncovered. 

Auction.com seems to be a good choice (never bought though, only looks fresh and neat).

Also, once you pull up the floor, you see the plumbing, frame, tie-downs, etc... which can uncover a whole new list of problems.I would LOVE to get back into the MH business, flipping homes, but I have enough Florida Park knowledge to know that a deal too good to be real is just that (see line 1 of my post).Feel free to shoot me a PM with the park and I may be able to provide you with some additional ammo if you decide to proceed. 

Not only am I getting the house at 57% of its appraised value, but the owner is also doing all of the repairs and applying fresh paint before we close.  

Hello all!My name is Gaege and my experience with real estate is essentially zero. I've lived in a few houses, so I know what those are. That's about it.I do know that investing is never a surefire bet, but I also kno...

Immediately upgraded the common areas (land scapaing, new hand rails, fresh new paint colors, refaced the storage units with wainscoting, cleaned the garage so people could park easier, etc.)3.

Were any junior liens uncovered?

{Two years later they changed their minds and wanted to live in a freshly renovated unit - but that's another story].At the time we were renovating vacant units and both filling them with new tenants and moving existing tenants to free more units for renovation.  

Michael McDermott I just contacted Lee Stivale what a breathe of fresh air.