MY FIRST NO MONEY DOWN DEAL
Ok.....Ok not really no money down but only $10 Yep you've read it right only 10 BUCKS
THIS WAS THE DEAL AS FOLLOWS:
SELLER OWNED $7,389 ON MOBILE HOME
MY PARTNER AND I OFFERED $5500 IF HE WOULD PAY THE REMAINING BALANCE $1889
WE FOUND A BUYER THAT WOULD PURCHASE IT FOR $10000
WE DIDNT USE ANY OF OUR OWN MONEY AND WE MADE A PROFIT OF $4500 WHICH WE WILL SPLIT : )
NOW WE'RE WORKING ON 4 MORE DEALS
Who is Dean Graziosi?
Are People Actually Successful?
Does Dean Practice What He Preaches?
What Deals Are The Students Doing Right Now?
Congratulations
This is great,your doing it.
Congrats!
Christina,
this is so cool! way to go!! looking forward to hearing about your next deals!
Congrats!
Wow that's amazing! Did you read the book first? I've only gotten the first three chapters. I am very new to the real estate arena but highly interested!
Congratulations!
Congratulations! And good luck on some more!
Cris
Christina
Good for you!
Where are you located in SC? I lived there for many years. I miss it!
Good luck!
Karen
THANK YOU
BEAUFORT,SC
Congrats!
How you guys found that property?
THANK YOU
WE DROVE AROUND OUR TOWN AKA DRIVING FOR DOLLARS
Christina
I have actually been reading a lot lately about buying mobile homes. Was this one in a park?
I would love to talk to you about what you are doing on these. PM me if you are interested in sharing ideas.
Karen
Great Job!
Great Job Christina!
If you don't mind, what contracts and agreements did you use for this transaction?
Thanks!
PS - Maybe we should start a Mobile Home Forum as this seems to be the least addressed type of property strategy on the site.
THANK YOU
1ST)OPTIONS AGREEMENT TO PURCHASE MOBILE HOME
2ND)PURCHASE AND SALE AGREEMENT
3RD)MANUFACTURED HOME BILL OF SALE
4TH)ASSIGNMENT OF CONTRACT AGREEMENT
However, I must disclose that they may not be appropriate for all areas.
You can always feel free to seek legal advice
WOW!
Very nice profit, especially percentage wise. It's also refreshing to see someone knock out a deal on a mobile. I think we've all been so focused on SFH's, HUD homes, and multi-units it's almost "tunnel vision." We can all make $$ with land, mobile homes, options, timeshares, commercial/industrial properties. The possibilities are wide in scope and endless in amount. Congratulations!
whoohooo!
Congrats to you!!
God bless,
Jen
WOW
that is a great profit! I dont hear much about mobile homes, but i know theres ways to make money with them. For example renting/leasing and like you did wholesaling. I agree with David.. percentage wise, you made a huge profit!! congrats! on to the next one!(:
NO Money Down!!
That's the way to do it! Keep it up!
Great Job!
Great job on your first deal! I would also like to hear more about mobile home deals as well! What a huge profit!! Keep up the good work!