Posted by Newbie on September 04, 2005 at 14:03:48:
Ive been studying the mobile home forums mostly here, but became interested in flipping recently. I understand using options on mobiles - is this sort of the same thing? So say in your second example -
FMV 100k. I could get an option to buy at 85k and then find a buyer that would pay 90k,95k, or whatever price I could get and sell him the option correct?
Thanks for clearing things up guys.