Posted by Tim (Atlanta) on November 06, 2000 at 13:12:02:
You need to read the books by Lonnie (not Ronny) Scruggs. He will tell you exactly why.
Here is my abbreviated version. FINANCING. The MH seller does not want to finance the sale of the mobile home. You will be more than happy to. Practically no one who will live in a $5000 mobile home will have the cash to buy it. That is where you come in. These buyers will have a small amount to put down and be able to make the monthly payment to you. That is the whole idea behind Lonnie deals.