Court documents, or a call to the bank's REO department might get you to the person/persons to speak with concerning your interest in purchasing the asset.You may be able to purchase the note prior to foreclosure, or purchase directly from the bank post foreclosure.I worked for a California bank back in the RTC days and handled their REO portfolio in AZ.

So i am in the military and receive roughly 1400/month just for housing and where i stay now they take it all so i don't see that extra money.I was wondering if it would be a good idea to buy a manufactured home for say 40k and pocket the rest of the money left over from the mortgage for a year and a half until i leave the area.My concern is selling / renting out the manufactured home, do they sell or is it usually easy to find tenants ?

I bought a property in Trumbull County Ohio, and it came with a mobile home on the lot.

I understand he need to purchase tires but that is not my concern.

This is in Michigan, do I need to be concerned with state laws?

My concern here, are problems creeping up that are not in our soon to be scope of work.Should I instead ask for a non-refundable deposit, much less than $100,000 and then sign a contract that doesn't close until completion?

., In the upper right hand corner, do a search for the 50% rule and/or the 2% rule to use as a GUIDE, concerning rental properties.

I am new to this myself, but for my education I am gonna try to answer the question directly concerning wholesaling it.

I would be more concerned with your code requirements, which unfortunately, neither Jon nor I really know much about in your area.

It is rural land, but in a neighborhood with mobile homes.