free mobile home - Posted by Dave

Posted by Dr. Craig Whisler CA NV on September 22, 2003 at 10:04:47:

We get the term ‘Lonnie deal’ from the book, Deals On Wheels, written by Lonnie Scruggs, one of the hosts of this board. Lonnie has pioneered new techniques for making big bucks with small investments by buying mobile homes in parks for cash, then reselliing them for double or triple their cost by taking small downpayments and financing the balance himself.

Rates of return often run in the 100% to 200% range. Small risk and big upside potential.

Lonnie is the grandfather of the used mobile home business for private investors, hence the term, “Lonnie Deal”.

Welcome to the mobile home discussion board.

Happy to fill you in Cassie but we don’t know each other well enough for me to ‘feel’ you in. Say, what business are you in anyway?


Regards, doc

free mobile home - Posted by Dave

Posted by Dave on September 18, 2003 at 17:17:35:

there are 2 mobile homes in my park in Richmond, Va. If anyone is interested in doing Lenny deals, they are available for almost nothing, with no back rent

Re: free mobile home - Posted by susan berryhill

Posted by susan berryhill on September 27, 2003 at 12:29:00:

are either one in living condition now?
what’s the pad rent?
what restriction is ther regaurding pets and children
thank you

Re: free mobile home - Posted by Cassie

Posted by Cassie on September 21, 2003 at 14:48:06:

What’s a Lenny deal? I’m new to mobile homes but not to RE. I am trying to diversify. Please feel me in .
Thanks Cassie

Say Cassie, where did you get those… - Posted by Kevin in OK

Posted by Kevin in OK on September 22, 2003 at 21:37:41:

Freudian slippers?

Welcome to the big board…

Kevin in OK

Don’t worry, Doc was teasing - Posted by Philip

Posted by Philip on September 22, 2003 at 10:31:21:

about feeling you in. You used it in your message and well, Doc notices these things.
Unless you owe Doc money I am pretty sure you are safe.

Mobile home deals have the best ROI of anything I have found yet.
I have done sfh’s and mobile deals are better.