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Any active investors? What would your next move be?
I met the seller lead and toured the property: a 2017, 3-bed, 2-bath Oakwood single-wide. It’s on the smaller side, but no major issues. They originally had a $20K mortgage and wanted $50K—I made it clear that wasn’t realistic. I proposed two options: Plan A—pay off the $20K mortgage and get them $7K in cash with a cash buyer. If that doesn’t work, Plan B is rent-to-own—$5K upfront and $200/month for 25 months, totaling $10K, plus the mortgage paid off. The mortgage was said to be $20K, but I just reviewed a statement from three months ago—turns out the principal is just over $26K. They’re behind on the mortgage, but they are current on the lot rent...
How can I help you?
Quick check in and welcome to everyone new in here! I want to know how I can actually help y’all. What do you want to learn? What are you confused about? What do you want me to break down? What do you want to see more of in this group? I can hop in here every day and spill free game, but I don’t want to just talk at y’all. This is a safe space and the whole point of this community is for us to grow together. If you’re brand new, tell me that. If you’re stuck on your first deal, say that. If you’re trying to scale, ask that. If you just want clarity and direction, speak up. Don’t overthink it and don’t be scared to talk. Closed mouths don’t get fed and I promise nobody in here is judging you. So, drop it below. What do you want from this group? What direction would actually help you right now? Let’s make this community useful, not just another silent group.
Does anyone have a wholesale agreement they could possibly pass along to me?
Help🥹
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.
Let's Address The FEAR!
What actually scares you about your first deal? Is it: - Talking to sellers - Repair estimates - Not having money - Park managers - Titles and paperwork - Messing it up or... something else? I want to help!
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