Hi everyone
I could really use some guidance. I’m freezing up a bit 😅
I finally connected with a mobile home park owner who reached out to me. He has several vacant homes he’s selling for $2k–$5k and is open to me filling them through seller financing or renting them out. Most of them need work.
Here’s the challenge:
I’m out of state, just starting up in this space, and I don’t currently have the funds to remodel. I also feel like he’s testing me right now to see how I handle this first deal and how I move the home.
This would be my first deal inside a park (I usually buy homes with land), so this is new territory for me.
I’m debating:
- Buying a $2k unit and trying to sell it as-is
- Wholesaling the first one
- Structuring something creative instead of purchasing outright
I know this could be a great entry point into park investing, but I don’t want to make a rookie mistake.