$6500 RV/MH - Posted by M Reep

Posted by John Behle on January 28, 2000 at 14:10:17:

Most of the mobile home investors play over at Newsgroup 1. That might be a good place to post it. I HIGHLY recommend getting Lonnie Scrugg’s materials before investing in or trying to “flip” mobile homes - or RV’s.

You can do it, but you need to know values. What the RV is worth, what you can sell it for (on terms), whether there is a ready market at that price and terms, how long it would take to sell, etc.

If you don’t know the answers, then doing this deal would be pre-mature.

$6500 RV/MH - Posted by M Reep

Posted by M Reep on January 27, 2000 at 08:51:02:


Someone in my city is selling an RV that is set up in a mobile home park. They are moving out of state and want to get the full amount up front. They were not interested in payments. Asking price is $6500. It looks nice outside. 1 BD, 1 BA. Lot rent is $276/mo. Model is 1980.

How could I flip this one or carry it on a note?

Thank you.