Purchase price: $650,000 Cash invested: $138,000 My business partner and I picked up this 25 lot mobile home park in Owensboro through a wholesaler.

The mobile home I would only want to keep for a few years to live in before building a new home. 

I think this arrangement is better than nothing or me taking her to court to only get the land back. 

Quote from @Victor Correa: It’s Mobile Home with Land I’m taking over both land payment and Mobile Home payment and right as of now is considered personal property but you just open up my eyes and I’m thinking what we can do is convert into real property and then transfer the land and that way it’s attached to the land Your thoughts?

@Rehaan Khan Welcome to BP, great to hear your interest in mobile homes! 

Are there tenants looking for mobile homes to rent, and what are the going rates?

It sounds like you’ve got a great opportunity with these two mobile home parks, especially with the flexibility that seller financing provides.Out of curiosity, what terms did you negotiate for the seller financing?

That argument wont get you far in court .

I am trying to purchase a mobile home park that is already in a system of Mobile home parks that profit 87 percent for the last 15 years.

Would the buyers/borrowers be purchasing with the intent of putting a mobile home on the property and making it their primary residence?