Hi everyone, just found this forum… great educational place!!
im still trying to do my first lonnie deal… i have a couple questions that maybe someone can help me with…
How do you talk to park manager/owner about doing a lonnie deal?!?
Do you tell them that you are buying to fix and sell?
Do you need to get approved by park to buy a mobile home even if your’re gonna sell it?
Do they need to pull a credit report and check your income?
How do ask the manager about buying abandoned/foreclosed homes in his park? Talk as an investor or tenant?
please help me out so i can do my first deal… its a 1982 rex 3/1 14x66 that needs some work(broken window, kitchen need to be fixed, paint,new carpet) the lot rent is $465 and i could prob sell for $250/mo x 30/mo… She just got divorced and kids moved out, she also moved out and needs to sell!! asking price is $2000
what should i do?
Thanks alot guys - John